IStar: Q4 Earnings Snapshot

February 21, 2023 GMT

NEW YORK (AP) — NEW YORK (AP) — IStar Financial Inc. (STAR) on Tuesday reported a loss of $80.8 million in its fourth quarter.

On a per-share basis, the New York-based company said it had a loss of $1. Losses, adjusted for non-recurring costs and stock option expense, were 92 cents per share.

The commercial real estate finance company posted revenue of $30.3 million in the period.

For the year, the company reported profit of $421.3 million, or $4.92 per share. Revenue was reported as $158.1 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 STAR at https://www.zacks.com/ap/STAR