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Stock impact report

Colony NorthStar Announces Second Quarter 2017 Financial Results

COLONY NORTHSTAR INC (CLNS) 
Last colony northstar inc earnings: 5/10 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.clns.com
Company Research Source: Business Wire
LOS ANGELES & NEW YORK--(BUSINESS WIRE)-- Colony NorthStar, Inc. (NYSE:CLNS) and subsidiaries (collectively, “Colony NorthStar,” or the “Company”) today announced its financial results for the second quarter ended June 30, 2017 and declared a cash dividend of $0.27 per share of Class A and Class B common stock for the third quarter of 2017. Second Quarter 2017 Highlights Net income attributable to common stockholders of $38.6 million, or $0.07 per basic share Core FFO of $203.6 million, or $0.35 per basic share, and FFO of $130.0 million, or $0.22 per basic share Merger integration substantially complete and approximately 100% of the originally identified $80 million annualized cash synergies target and 110% of the $115 million annualized total synergies target, which includes stock compensation savings, achieved to date on a run rate basis Show less Read more
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