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

BrightSpire Capital

28/10/2023 03:04

* Brightspire Capital Inc  BRSP.N   BRSP.K  is expected
to show a
fall in quarterly revenue when it reports  results on October
30. 
    * The Los Angeles California-based  company is expected to
report 
a 6.3% decrease in revenue to $29.357 million from $31.35
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Brightspire Capital
Inc
is for earnings of 21 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"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 $8.75​, above​ its last closing price of $5.40.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.24        0.24       0.27      Beat    10.7​
 Sep. 30 2022  0.24        0.25       0.25      Met     1.6
 ​​Jun.        0.23        0.23       0.24      Beat    2.6
 30 2022                                                
 Mar. 31 2022  0.24        0.24       0.22      Missed  -7.6​
 Dec. 31 2021  0.23        0.23       0.27      Beat    16.4
 Sep. 30 2021  0.22        0.21       0.26      Beat    21.9
 This summary was machine generated October 28 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated