Brightspire Capital Inc reports results for the quarter ended December 31 - Earnings Summary

BrightSpire Capital

18/02/2025 22:53

* Brightspire Capital Inc  BRSP.N  reported quarterly
adjusted
earnings of 18 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 28 cents.  The mean expectation of
eight analysts for the quarter was for earnings of 18 cents per
share. Wall Street expected results to range from 16 cents to 20
cents per share.
    * Revenue fell 42.2% to $17.46 million from a year ago;
analysts
expected $19.66 million. 
    * Brightspire Capital Inc's reported EPS for the quarter was
a
loss of 16 cents​.
    * The company reported a quarterly loss of $19.74 million.
    * Brightspire Capital Inc shares had risen by 5.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the specialized
reits
peer group is also "hold"

Wall Street's median 12-month price target for Brightspire
Capital Inc is $7.25 
This summary was machine generated from LSEG data February 18 at
10:52 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.18           0.18           Met
 Sep. 30 2024      0.20           0.21           Beat
 Jun. 30 2024      0.22           0.22           Met
 Mar. 31 2024      0.18           0.23           Beat