TIGARD, Ore. (AP) _ Great Ajax Corp. (AJX) on Thursday reported third-quarter profit of $9.3 million.

The Tigard, Oregon-based company said it had profit of 38 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share.

The real estate investment trust posted revenue of $14.4 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $15.6 million.

Great Ajax shares have increased 37% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $14.35, a climb of 81% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AJX at https://www.zacks.com/ap/AJX

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