Colony Capital, Inc. (NYSE:CLNY) is reporting second quarter financial results on Friday 7th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, CLNY is expected to report 2Q20 loss of $ 0.36 per share from revenue of $ 29.95 million.
For the full year, analysts anticipate top line of $ 116.20 million, while looking forward to loss of $ 1.71 per share bottom line.
Previous Quarter Performance
Colony Capital, Inc. outlined income for the first quarter of $ 0.09 per share, from the revenue of $ 32.87 million. The quarterly revenues declined 28.93 percent compared with the same quarter last year. Wall street analysts are predicting, CLNY to report 1Q20 loss of $ 0.14 per share from revenue of $ 29.55 million. The bottom line results beat street analysts by $ 0.23 or 164.29 percent, at the same time, top line results outshined analysts by $ 3.32 million or 11.24 percent.
Historical Earnings Performance
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Stock Performance
The company has a market capital of $ 939.78 million and is part of the Real Estate sector and REIT – Diversified industry.
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Conference Call
Colony Capital, Inc. will be hosting a conference call at 10:00 AM eastern time on 7th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.clny.com
Colony Capital, Inc. (NYSE: CLNY) is a leading global investment management firm with assets under management of $55 billion, which includes approximately $14 billion of assets under management from Digital Bridge, a leading global investment manager of digital infrastructure assets including cell towers, small cells, fiber and data centers. The Company manages capital on behalf of its stockholders, as well as institutional and retail investors in private funds, and traded and non-traded real estate investment trusts.
