LOS ANGELES (AP) _ Colony Credit Real Estate, Inc. (CLNC) on Tuesday reported profit of $16 million in its second quarter.

On a per-share basis, the Los Angeles-based company said it had profit of 12 cents. Earnings, adjusted for non-recurring costs, came to 31 cents per share.

The real estate investment trust posted revenue of $30.1 million in the period.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on CLNC at

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