Quarterly ResultAug 13, 2026, 05:41 PM
Cantor Fitzgerald Income Trust Swings to Q2 Profit, EPS $0.84
AI Summary
Cantor Fitzgerald Income Trust reported a significant turnaround in its second quarter of 2026, swinging to a net income attributable to common stockholders of $9.23 million, or $0.84 per diluted share, compared to a loss in the prior year period. This improvement was largely driven by a substantial net gain from real estate dispositions. The company also saw an increase in total assets and stockholders' equity, partly due to the issuance of Series A Preferred Stock.
Key Highlights
- Net income attributable to common stockholders was $9.23 million in Q2 2026, up from a loss of $1.72 million in Q2 2025.
- Diluted EPS was $0.84 for Q2 2026, compared to $(0.14) in Q2 2025.
- Total revenues for Q2 2026 were $24.92 million, a slight decrease from $24.97 million in Q2 2025.
- Total assets increased to $1.19 billion as of June 30, 2026, from $1.14 billion at December 31, 2025.
- The company reported a net gain on dispositions of real estate of $13.54 million in Q2 2026.
- 800,000 shares of Series A Preferred Stock were issued in Q2 2026, raising $20 million.
- Total stockholders' equity rose to $558.83 million as of June 30, 2026, from $470.34 million at December 31, 2025.
- Non-controlling interests attributable to CFIT OP significantly increased to $207.53 million from $54.45 million.
Price Impact
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