iStar Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 3.42 million compared to USD 3.73 million a year ago. Revenue was USD 47.76 million compared to USD 143.63 million a year ago. Net income was USD 18.01 million compared to USD 127.73 million a year ago. Basic earnings per share from continuing operations was USD 0.875 compared to USD 9.0625 a year ago. Diluted earnings per share from continuing operations was USD 0.875 compared to USD 8 a year ago. Basic earnings per share was USD 0.875 compared to USD 10.6875 a year ago. Diluted earnings per share was USD 0.875 compared to USD 9.4375 a year ago.
For the nine months, sales was USD 9.72 million compared to USD 13.46 million a year ago. Revenue was USD 127.77 million compared to USD 257.87 million a year ago. Net income was USD 502.12 million compared to USD 119.53 million a year ago. Basic loss per share from continuing operations was USD 10.625 compared to basic earnings per share from continuing operations of USD 3.5 a year ago. Diluted loss per share from continuing operations was USD 10.625 compared to diluted earnings per share from continuing operations of USD 3.25 a year ago. Basic earnings per share was USD 38.5 compared to USD 8.75 a year ago. Diluted earnings per share was USD 38.5 compared to USD 8.125 a year ago.