Newcastle Investment Corp. (NCT) reported earnings for its third quarter that climbed compared to the same period last year.
The company said its bottom line came in at $16 million, or $0.25 per share. This was higher than $3.94 million, or $0.06 per share, in last year's third quarter.
The company said revenue for the quarter rose 1.7% to $82.86 million. This was up from $81.49 million last year.
Newcastle Investment Corp. earnings at a glance:
-Earnings (Q3): $16 Mln. vs. $3.94 Mln. last year.
-Earnings Growth (Y-o-Y): 306.1%
-EPS (Q3): $0.25 vs. $0.06 last year.
-EPS Growth (Y-o-Y): 316.7%
-Revenue (Q3): $82.86 Mln vs. $81.49 Mln last year.
-Revenue Change (Y-o-Y): 1.7%
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