AP NEWS

Great Ajax: 3Q Earnings Snapshot

November 5, 2019

BEAVERTON, Ore. (AP) _ Great Ajax Corp. (AJX) on Tuesday reported third-quarter net income of $7.7 million.

On a per-share basis, the Beaverton, Oregon-based company said it had profit of 36 cents.

The real estate investment trust posted revenue of $15.3 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $14.9 million.

Great Ajax shares have risen 30% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $15.70, a climb of 19% 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 AJX at https://www.zacks.com/ap/AJX