Brightspire Capital Inc expected to post earnings of 18 cents a share - Earnings Preview

BrightSpire Capital

29/04/2024 15:00

* Brightspire Capital Inc  BRSP.N   BRSP.K  is expected
to show a
fall in quarterly revenue when it reports  results on May 1 for
the period ending March 31 2024
    * The Los Angeles California-based  company is expected to
report
a 15.5% decrease in revenue to $27.849 million from $32.95
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Brightspire Capital Inc
is for
earnings of 18 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Brightspire
Capital Inc is $8.00​, above​ its last closing price of $6.40.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.24        0.24       0.28      Beat    18.1
 Jan. 1 2023   0.20        0.21       0.28      Beat    31.3
 Jun. 30 2023  0.23        0.24       0.25      Beat    5.6​
 Mar. 31 2023  0.23        0.25       0.27      Beat    9.5
 ​​Dec.        0.24        0.24       0.27      Beat    10.7
 31 2022                                                
 Sep. 30 2022  0.24        0.25       0.25      Met     1.6​
 Jan. 1 0001   0.23        0.23       0.24      Beat    2.6
 Mar. 31 2022  0.24        0.24       0.22      Missed  -7.6
 This summary was machine generated April 29 at 14:00 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)