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

BrightSpire Capital

02/08/2023 14:32

* Brightspire Capital Inc  BRSP.N  reported quarterly
adjusted
earnings of 25 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was
for earnings of 24 cents per share.
    * Revenue rose 38.9% to $30.24 million from a year ago;
analysts
expected $33.25 million. 
    * Brightspire Capital Inc's reported EPS for the quarter was
a
loss of 6 cents​.
    * The mean earnings estimate of analysts was unchanged 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 6.1% this
quarter and gained 14.6% so far this year.
    * The company reported a quarterly loss of $7.49 million.
    * Wall Street's median 12-month price target for Brightspire
Capital Inc is $8.75 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.24           0.25           Beat
 Mar. 31 2023      0.25           0.27           Beat
 Dec. 31 2022      0.24           0.27           Beat
 Sep. 30 2022      0.25           0.25           Met