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

BrightSpire Capital

21/02/2023 23:46

* Brightspire Capital Inc  BRSP.N  reported quarterly
adjusted
earnings of 27 cents​​ per share for the quarter ended in
December. The mean expectation of six analysts for the quarter
was for earnings of 24 cents per share.
    * Revenue rose 30.6% to $33.61 million from a year ago;
analysts
expected $31.94 million. 
    * Brightspire Capital Inc's reported EPS for the quarter was
3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Brightspire Capital Inc shares had risen by 17.8% this
quarter.
    * The company reported quarterly net income of $4.24
million.
    * Wall Street's median 12-month price target for Brightspire
Capital Inc is $10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
21 at 11:46 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.24           0.27           Beat
 Sep. 30 2022      0.25           0.25           Met
 Jun. 30 2022      0.23           0.24           Beat
 Mar. 31 2022      0.24           0.22           Missed