NEW YORK (AP) — NEW YORK (AP) — TPG RE Finance Trust Inc. (TRTX) on Tuesday reported fourth-quarter earnings of $6.4 million.
On a per-share basis, the New York-based company said it had net income of 3 cents. Losses, adjusted for non-recurring gains, came to $2.05 per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 21 cents per share.
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The commercial real estate finance company posted revenue of $94.3 million in the period. Its adjusted revenue was $31.5 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 TRTX at https://www.zacks.com/ap/TRTX