Starwood Property Trust: Fourth Quarter Earnings Overview

Starwood Property Trust Announces Fourth-Quarter Earnings

Starwood Property Trust Inc., based in Miami Beach, Florida, revealed a net income of $96.9 million for the fourth quarter.

The company reported earnings of $0.26 per share, while adjusted earnings—excluding one-time expenses and stock option costs—came in at $0.42 per share.

These adjusted results exceeded the expectations of analysts, who had forecasted earnings of $0.41 per share, according to Zacks Investment Research.

During the quarter, the commercial real estate investment trust generated $492.9 million in revenue.

For the full year, Starwood Property Trust achieved a profit of $411.5 million, or $1.15 per share, with total revenue reaching $1.84 billion.