Northstar Realty Europe Corp. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2018; Reports Impairment Charges for the Fourth Quarter Ended December 31, 2018
For the year, the company reported total revenue of $121,968,000 against $129,923,000 a year ago. Interest income was $2,868,000 against $1,706,000 a year ago. Net income was $208,830,000 against loss of $30,333,000 a year ago. Basic earnings per share were $4.01 against loss of $0.57 a year ago. Diluted earnings per share were $3.91 against loss of $0.57 a year ago.
For the fourth quarter, the company reported impairment losses of $828,000.