Brightspire Capital Inc expected to post earnings of 22 cents a share - Earnings Preview

BrightSpire Capital

26/07/2024 22:10

* Brightspire Capital Inc  BRSP.N   BRSP.K  is expected
to show a
fall in quarterly revenue when it reports  results on July 30
for the period ending June 30 2024
    * The Los Angeles California-based  company is expected to
report
a 11.6% decrease in revenue to $26.733 million from $30.24
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Brightspire Capital Inc
is for
earnings of 22 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"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 $7.75​, above​ its last closing price of $6.36.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.24        0.18       0.23      Beat    25.8
 Dec. 31 2024  0.24        0.24       0.28      Beat    18.1
 Sep. 30 2023  0.20        0.21       0.28      Beat    31.3​
 Jun. 30 2023  0.23        0.24       0.25      Beat    5.6
 ​​Mar.        0.23        0.25       0.27      Beat    9.5
 31 2023                                                
 Jan. 1 0001   0.24        0.24       0.27      Beat    10.7​
 Sep. 30 2022  0.24        0.25       0.25      Met     1.6
 Jan. 1 0001   0.23        0.23       0.24      Beat    2.6
 This summary was machine generated July 26 at 21:10 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)