Brightspire Capital Inc expected to post earnings of 21 cents a share - Earnings Preview

BrightSpire Capital

01/11/2021 13:01

* Brightspire Capital Inc  BRSP.N   BRSP.K  is expected to show
a fall in quarterly revenue when it reports  results on November
3. 
* The Los Angeles, California-based company is expected to
report  a 75.1% decrease in revenue to $24.5 million from $98.56
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Brightspire Capital Inc
is for earnings of 21 cents per share. For the same quarter last
year, the company reported earnings of 30 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "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 $12​, about 18.2% above​ its last closing price
of $9.81. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.17        0.16       -0.20     Missed  -222.5
 Mar. 31 2021  0.14        0.14       0.10      Missed  -28.6
 Dec. 31 2020  0.15        0.15       -0.20     Missed  -233.3
                                                        ​
 Sep. 30 2020  0.16        0.17       0.30      Beat    81.8
 Jun.          0.18​       0.18       0.26      Beat    44.4​
 30​ 2020​                                              
 Mar. 31 2020  0.20        0.29       0.63      Beat    117.2​
 Dec. 31 2019  0.28        0.30       0.37      Beat    25.4
 Sep. 30 2019  0.36        0.37       -0.57     Missed  -254.1
 This summary was machine generated November 1 at 13:01 GMT.  All
figures in US dollars unless otherwise stated