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Capstead: 1Q Earnings Snapshot

DALLAS (AP) _ Capstead Mortgage Corp. (CMO) on Wednesday reported a loss of $204.7 million in its first quarter.

On a per-share basis, the Dallas-based company said it had a loss of $2.21. Earnings, adjusted for non-recurring costs, were 16 cents per share.

The real estate investment trust posted revenue of $69.6 million in the period.

Capstead shares have fallen 25% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.95, a drop of 31% in the last 12 months.

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