Fri Jul 31, 2020
Arbor Realty Trust: 2Q Earnings Snapshot
UNIONDALE, N.Y. (AP) _ Arbor Realty Trust (ABR) on Friday reported second-quarter earnings of $44.1 million.
On a per-share basis, the Uniondale, New York-based company said it had profit of 40 cents. Earnings, adjusted for one-time gains and costs, were 46 cents per share.
The real estate investment trust posted revenue of $83.1 million in the period.
Arbour Realty Trust shares have dropped 33% since the beginning of the year. The stock has fallen 22% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ABR at https://www.zacks.com/ap/ABR