TPG RE Finance Trust: Q3 Earnings Snapshot
By AP News
Published - Oct 29, 2024, 04:56 PM ET
Last Updated - Dec 16, 2024, 05:52 PM EST
NEW YORK (AP) — NEW YORK (AP) — TPG RE Finance Trust Inc. (TRTX) on Tuesday reported third-quarter net income of $22.2 million.
The New York-based company said it had net income of 23 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 28 cents per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 28 cents per share.
The commercial real estate finance company posted revenue of $77.9 million in the period. Its adjusted revenue was $29.3 million.
