Brightspire Capital Inc expected to post earnings of 24 cents a share - Earnings Preview

BrightSpire Capital

19/02/2024 14:05

* Brightspire Capital Inc  BRSP.N   BRSP.K  is expected
to show a
fall in quarterly revenue when it reports  results on February
21 for the period ending December 31 2023
    * The Los Angeles California-based  company is expected to
report
a 12.0% decrease in revenue to $29.562 million from $33.61
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 24 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"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 $8.00​, above​ its last closing price of $6.80.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2023  0.23        0.25       0.27      Beat    9.5​
 Dec. 31 2022  0.24        0.24       0.27      Beat    10.7
 ​​Sep.        0.24        0.25       0.25      Met     1.6
 30 2022                                                
 Jun. 30 2022  0.23        0.23       0.24      Beat    2.6​
 Mar. 31 2022  0.24        0.24       0.22      Missed  -7.6
 Dec. 31 2021  0.23        0.23       0.27      Beat    16.4
 This summary was machine generated February 19 at 14:05 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)