NEW YORK (AP) _ New Residential Investment Corp. (NRZ) on Wednesday reported a loss of $8.9 million in its second quarter.

The New York-based company said it had a loss of 2 cents per share. Earnings, adjusted for non-recurring costs and asset impairment costs, were 34 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share.

The real estate investment trust posted revenue of $232.2 million in the period. Its adjusted revenue was $115.8 million, also topping Street forecasts. Three analysts surveyed by Zacks expected $87.9 million.

New Residential Investment shares have dropped 51% since the beginning of the year. The stock has decreased 48% 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 NRZ at https://www.zacks.com/ap/NRZ

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