NEW YORK (AP) — NEW YORK (AP) — TPG RE Finance Trust Inc. (TRTX) on Tuesday reported first-quarter earnings of $18.9 million.

The New York-based company said it had net income of 19 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 25 cents per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 25 cents per share.

The commercial real estate finance company posted revenue of $85.8 million in the period. Its adjusted revenue was $37.3 million.

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