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

BrightSpire Capital

04/05/2022 24:59

* Brightspire Capital Inc  BRSP.N  reported quarterly
adjusted
earnings of 22 cents​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 24 cents per share.
    * Revenue fell 6% to $24.17 million from a year ago; 
analysts
expected $28.43 million. 
    * Brightspire Capital Inc's reported EPS for the quarter was
21
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.9%
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 fallen by 9.6% this
quarter and lost 18.5% so far this year.
    * The company reported quarterly net income of $27.72
million.
    * Wall Street's median 12-month price target for Brightspire
Capital Inc is $11.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 3 at 11:59 p.m.  ​All
figures in US dollars unless otherwise stated