07.08.2013 00:47:57

Colony Financial Q2 Profit Rises - Quick Facts

(RTTNews) - Colony Financial, Inc. (CLNY) Tuesday reported second-quarter profit of $25.65 million, up from $15.10 million in the same period last year.

Net income attributable to common stockholders increased to $20.30 million from $12.02 million last year. On a per-share basis, earnings dropped to $0.31 from $0.36 last year.

Core earnings for the quarter was $23.6 million or $0.36 per share. Three analysts polled by Thomson Reuters expected the company to earn $0.31 per share for the quarter. Analysts' estimates typically exclude special items.

Company's GAAP book value per share was $18.58, unchanged from last year.

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