On Friday, Shares of Starwood Property Trust, Inc. (NYSE:STWD), gained 0.32% to $21.87.
Starwood Property Trust, declared operating results for the fiscal quarter ended June 30, 2015. The Company’s second quarter 2015 Core Earnings (a non-GAAP financial measure) were $125.9 million, or $0.53 per diluted share. Not taking into account one-time acquisition and pursuit costs of $4.9 million, the Company’s second quarter 2015 Core Earnings were $130.8 million, or $0.55 per diluted share.
GAAP net income for the second quarter of 2015 was $117.1 million, or $0.49 per diluted. Not taking into account one-time acquisition and pursuit costs of $4.9 million, the Company’s second quarter 2015 GAAP net income was $122.0 million, or $0.51 per diluted share.
Starwood Property Trust, Inc. originates, acquires, finances, and manages commercial mortgage loans, other commercial real estate debt investments, commercial mortgage-backed securities, and other commercial real estate-related debt investments in the United States and Europe.
Shares of Lamar Advertising Co (NASDAQ:LAMR), inclined 1.77% to $55.29, during its last trading session.
Lamar Advertising Company, declared the Company’s operating results for the second quarter ended June 30, 2015.
“We delivered solid second-quarter results, led by our local billboard sales and continued discipline on operating expenses. This in turn contributed to a strong FFO and AFFO growth for the quarter,” said Lamar chief executive, Sean Reilly.
Second Quarter Results
Lamar stated net revenues of $344.2 million for the second quarter of 2015 as compared to $330.4 million for the second quarter of 2014, a 4.2% enhance. Operating income for the second quarter of 2015 was $99.3 million as contrast to $73.0 million for the same period in 2014. Lamar recognized net income of $59.4 million for the second quarter of 2015 contrast to net income of $15.4 million for same period in 2014. Net income per basic and diluted share was $0.61 per share and $0.16 per share for the three months ended June 30, 2015 and 2014, respectively.
Adjusted EBITDA for the second quarter of 2015 was $155.4 million as compared to $149.7 million for the second quarter of 2014, a 3.8% enhance.
Lamar Advertising Company is a publicly owned equity real estate investment trust. The firm primarily engages in selling advertising space on billboards, buses, shelters, benches, and logo plates. Lamar Advertising Company was founded in 1902 and is headquartered in Baton Rouge, Louisiana.
At the end of Friday’s trade, Shares of Idera Pharmaceuticals Inc (NASDAQ:IDRA), lost -8.03% to $2.81.
Idera Pharmaceuticals, declared that Louis Arcudi, Idera’s Chief Financial Officer will present a corporate update at the 2015 Wedbush PacGrow Healthcare Conference on Tuesday, August 11, 2015 at 3:05 p.m. Eastern Time at the Le Parker Meridien Hotel in New York City.
Idera Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of novel therapeutics for oncology and rare diseases in the United States.
Finally, HCA Holdings Inc (NYSE:HCA), ended its last trade with 0.09% gain, and closed at $91.46.
HCA Holdings, declared financial and operating results for the second quarter ended June 30, 2015.
Key second quarter metrics (all percentage changes compare 2Q 2015 to 2Q 2014 unless noted):
- Revenues raised 7.2 percent to $9.897 billion
- Net income attributable to HCA Holdings, Inc. totaled $507 million, or $1.18 per diluted share
- Net income per diluted share not taking into account losses on sales of facilities and losses on retirement of debt, was $1.37 per diluted share for 2Q 2015
- Adjusted EBITDA totaled $2.008 billion
- Cash flows from operations totaled $1.057 billion
- Same facility equivalent admissions raised 4.9 percent while same facility admissions raised 4.1 percent
- Same facility revenue per equivalent admission raised 1.2 percent
- Same facility revenue per equivalent admission raised 2.8 percent, after not taking into account from revenues the $142 million Texas Medicaid Waiver adjustment in 2Q 2014
HCA Holdings, Inc., through its auxiliaries, provides health care services in the United States. It operates general, acute care hospitals that offer medical and surgical services, counting inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy services.
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