Fortress Reports 200 Percent Increase In EPS, Raises Billions – ValueWalk Premium
Fortress

Fortress Reports 200 Percent Increase In EPS, Raises Billions

Fortress Investment Group LLC (NYSE:FIG) did more than well in second quarter ending on June 30. The alternative asset manager posted a 196% increase in profits compared to the year ago quarter, beating all analyst estimates. The asset manager reported pre-tax EPS of $0.3 or $148 million which is a huge increase to the $50 million or $0.09/share earnings it reported in Q2 2012. Fortress Investment Group LLC (NYSE:FIG)’s revenue for the quarter was . . .

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