iStar Inc. reported a net income of $7.1 million, or $0.11 per diluted common share, and adjusted earnings of $68.9 million, or $0.87 per diluted common share, for Q4 2021. The company saw $140 million in proceeds from legacy and strategic asset sales and invested $43 million in SAFE.
Net income of $7.1 million, or $0.11 per diluted common share, in Q4 ‘21.
Adjusted earnings of $68.9 million, or $0.87 per diluted common share, in Q4 ‘21.
$140 million of proceeds from legacy and strategic asset sales in Q4 ‘21, generating $34 million of gains.
$43 million of additional investment in SAFE in Q4 ‘21 and $33 million of other ground lease ecosystem investments.
Analyze how earnings announcements historically affect stock price performance