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Granite Point Mortgage Trust: Q4 Earnings Snapshot

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NEW YORK (AP) — NEW YORK (AP) — Granite Point Mortgage Trust Inc. (GPMT) on Thursday reported a loss of $38.8 million in its fourth quarter.

The New York-based company said it had a loss of 86 cents per share. Losses, adjusted for non-recurring gains, were $1.98 per share.

The real estate investment trust posted revenue of $38.7 million in the period. Its adjusted revenue was $7.6 million.

For the year, the company reported a loss of $207.1 million, or $4.39 per share. Revenue was reported as $35.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GPMT at https://www.zacks.com/ap/GPMT