Deerfield Capital Reports Q4 EPS of $4.76

Deerfield Capital Corp. DFR today announced its results of operations for the fourth quarter. Net income attributable to DFR for the quarter ended December 31, 2010 totaled $76.2 million, or $4.76 of diluted earnings per share, compared to net income attributable to DFR of $0.7 million, or $0.10 of diluted earnings per share for the fourth quarter of 2009. The most significant component of the increase during 2010 was attributable to a $68.8 million income tax benefit due to the release of the valuation allowance associated with the Company's deferred tax asset and a $4.6 million increase in investment advisory fee revenues. Revenue $40.3M
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