DigitalBridge: Q2 Earnings Snapshot

BOCA RATON, Fla. (AP) — BOCA RATON, Fla. (AP) — DigitalBridge Group, Inc. (DBRG) on Tuesday reported second-quarter earnings of $227.3 million.

The Boca Raton, Florida-based company said it had net income of $1.15 per share. Earnings, adjusted for one-time gains and costs, came to 9 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.

The provider of asset management services to NorthStar Realty Finance Corp. posted revenue of $508.7 million in the period.

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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 DBRG at https://www.zacks.com/ap/DBRG