Financial Companies Report Corporate Growth through Financial Results - Research Report on Annaly, ING U.S., The Carlyle Group, Essex, and CommonWealth REIT
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NEW YORK, August 12, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Annaly Capital Management, Inc. (NYSE: NLY), ING U.S. Inc. (NYSE: VOYA), The Carlyle Group LP (NASDAQ: CG), Essex Property Trust Inc. (NYSE: ESS), and CommonWealth REIT (NYSE: CWH). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Annaly Capital Management, Inc. Research Report
On August 7, 2013, Annaly Capital Management, Inc. (Annaly) reported its Q2 2013 financial results. On a GAAP basis, the Company reported net income available to common shareholders of $1.6 billion or $1.64 per diluted share, compared to $852.3 million or $0.87 per diluted share in Q1 2013, and net loss related to common shareholders of $97.7 million or $0.10 per diluted share in Q2 2012. Wellington J. Denahan, Chairman and CEO of Annaly, said, "While the resulting sell-off in the bond market put pressure on asset values during the 2nd quarter, I believe that our focus on prudent risk management and the evolution of our capital allocation strategy has helped protect our portfolio and positions Annaly to take advantage of current market opportunities. We are prepared to be opportunistic given our low leverage, strong liquidity and sizeable capital production." The Full Research Report on Annaly Capital Management, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/NLY]
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ING U.S. Inc. Research Report
On August 7, 2013, ING U.S. Inc. (ING U.S.) released its Q2 2013 financial results. The Company's after-tax operating earnings stood at $176.8 million or $0.71 per share, compared to $129.2 million or $0.56 per share in Q2 2012. ING U.S. also stated that its net loss related to common shareholders was $82.2 million or $0.33 per share, compared to net income available to common shareholders of $634.4 million or $2.76 per share in Q2 2012. Rodney O. Martin, Jr., Chairman and CEO of ING U.S. stated, "ING U.S. had a strong second quarter as we continued to deliver on our ROE improvement objective with our Ongoing Business adjusted operating ROE growing - on an annualized basis - to 9.9% for the first half of 2013, up from 8.3% for the full year 2012." Martin Continued, "Total assets under management and administration grew to $482 billion supported by net flows in our Retirement and Investment Management segments of $442 million and $3.1 billion, respectively." The Full Research Report on ING U.S. Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/VOYA]
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The Carlyle Group LP Research Report
On August 7, 2013, The Carlyle Group LP (The Carlyle Group) announced its Q2 2013 financial results with total revenue up 209.7% YoY to $769.3 million. On a GAAP basis, net loss attributable to The Carlyle Group was $3.3 million or $0.07 per diluted common unit, compared to $10.3 million or $0.26 per diluted common unit in Q2 2012. On a non-GAAP basis, pre-tax economic net income was $155.8 million for Q2 2013 compared to Pre-tax economic net loss of $57.2 million in Q2 2012. The Full Research Report on The Carlyle Group LP - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/CG]
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Essex Property Trust Inc. Research Report
On July 31, 2013, Essex Property Trust Inc. (Essex) released its Q2 2013 results. The Company's reported total funds from operations (FFO) were $75.6 million or $1.91 per diluted share, compared to $62.5 million or $1.69 per diluted share in Q2 2012. Net Income attributable to the Company stood $25 million or $0.67 per diluted share, compared to $37.1 million or $1.07 per diluted share in Q2 2012. Michael J. Schall, President and CEO of Essex, said, "Our operating results demonstrate the continued strength in apartment rents in coastal California and Washington, driving our Core FFO per share above the high-end of the guidance range established last quarter. In addition, we are excited to report that initial leasing activities at our first phase of our Epic community in North San Jose have significantly exceeded expectations. Based on these results, we are raising the mid-point of our same-property NOI growth forecast by 20 basis points to 7.2% and our 2013 Core FFO per diluted share by $0.03 to $7.58." The Full Research Report on Essex Property Trust Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/ESS]
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CommonWealth REIT Research Report
On August 7, 2013, CommonWealth REIT (CommonWealth REIT) released its financial results for Q2 2013. The Company reported net income available for CommonWealth REIT common shareholders of $7.7 million or $0.07 per diluted common share, compared to $2.2 million or $0.03 per diluted common share in Q2 2012. For Q2 2013, the Company posted normalized funds from operations (FFO) available for CommonWealth REIT common shareholders of $74.5 million, or $0.63 per diluted share, compared to normalized FFO available for CommonWealth REIT common shareholders of $69.8 million, or $0.83 per diluted share in Q2 2012. The Full Research Report on CommonWealth REIT- including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-07/CWH]
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SOURCE Investors' Reports
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