TPG RE Finance Trust Inc. (TRTX) Tops Q1 EPS by 7c

TPG RE Finance Trust Inc. (NYSE: TRTX) reported Q1 EPS of $0.30, $0.07 better than the analyst estimate of $0.23.

Matthew Coleman, President, stated: “Our positive operating results in the first quarter are the result of key achievements across multiple areas of strategic importance for TRTX. We remain focused on originating high quality, first mortgage loans with best-in-class sponsors in strong growth markets. We continue to optimize our capital structure by reducing our cost of funds and increasing our non-mark-to-market liabilities. With substantial liquidity available for deployment by our experienced team, we are well positioned for continued growth.”

For earnings history and earnings-related data on TPG RE Finance Trust Inc. (TRTX) click here.

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