TPG RE Finance Trust: Q4 Earnings Snapshot

Associated Press Finance
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NEW YORK (AP) — NEW YORK (AP) — TPG RE Finance Trust Inc. (TRTX) on Tuesday reported fourth-quarter earnings of $6.4 million.

The New York-based company said it had net income of 3 cents per share. Losses, adjusted for non-recurring gains, came to $2.05 per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 21 cents per share.

The commercial real estate finance company posted revenue of $94.3 million in the period. Its adjusted revenue was $31.5 million.

For the year, the company reported a loss of $116.6 million, or $1.69 per share. Revenue was reported as $116.4 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRTX at https://www.zacks.com/ap/TRTX

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