Exantas Capital: 4Q Earnings Snapshot
NEW YORK (AP) _ Exantas Capital Corp. (XAN) on Tuesday reported fourth-quarter profit of $6.4 million.
On a per-share basis, the New York-based company said it had net income of 12 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 23 cents per share.
The commercial real estate investment trust posted revenue of $14.4 million in the period.
Exantas Capital shares have dropped nearly 1% since the beginning of the year. The stock has climbed slightly more than 9% in the last 12 months.