JER Investors Trust Inc. expected to Report Fiscal Year 2009 Results on March 1, 2010. This event was calculated by Capital IQ (Created on November 11, 2009).

JER Investors Trust Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net loss of $34.237 million or $5.88 per diluted share on total revenues of $13.575 million compared to the net loss of $34.850 million or $13.53 per diluted share on total revenues of $27.863 million for the same period a year ago. For nine months, the company reported net loss of $61.277 million or $12.04 per diluted share on total revenues of $49.851 million compared to the net loss of $72.733 million or $28.26 per diluted share on total revenues of $92.203 million for the same period a year ago. The company reported net cash provided by operating activities of $23.187 million compared to the net cash provided by operating activities of $29.631 million for the same period a year ago. The company reported negative book value of $2.13 per adjusted diluted common share compared to the book value of $9.29 per adjusted diluted common share for the same period a year ago. At this time, the company expect that it will not generate taxable income in 2009, and therefore will not be required to pay a dividend for the year ended December 31, 2009. The company announced loss on impairment of CMBS of $2.733 million compared to the loss on impairment of CMBS of $29.800 million for the same period a year ago.

JER Investors Trust Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported loss before other losses of $0.672 million and net loss of $8.7 million or $1.67 per diluted share on total revenue of $9.5 million against income before other gains of $15 million and net income of $29 million or $11.25 per diluted share on total revenue of $32.6 million for the same period a year ago. Adjusted funds from operations were $0.8 million or $0.15 per diluted share against $8.4 million or $1.01 per diluted share for the same period a year ago. Adjusted diluted loss per share was $1.67 against adjusted diluted earnings per share of $5.82 for the same period a year ago. For the six months, the company reported income before other gains of $5.2 million and net loss of $27.0 million or $5.74 per diluted share on total revenue of $25.9 million against income before other gains of $27.5 million and net loss of $37.9 million or $14.72 per diluted share on total revenue of $64.3 million for the same period a year ago. Net cash provided by operating activities was $16.7 million against $20 million for the same period a year ago. Adjusted funds from operations were $5.1 million or $1.01 per diluted share against $19.5 million or $3.91 per diluted share for the same period a year ago. Book value per share basic as of June 30, 2009 was $3.49 and adjusted book value per share was $3.49. Adjusted diluted loss per share was $5.35 against adjusted diluted earnings per share of $7.62 for the same period a year ago.