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Exantas Capital: 4Q Earnings Snapshot

March 4, 2020 GMT

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.

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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 XAN at https://www.zacks.com/ap/XAN