Franklin BSP Realty Trust Inc reports results for the quarter ended in June - Earnings Summary

Franklin Bsp Realty Trust

31/07/2023 23:31

* Franklin BSP Realty Trust Inc  FBRT.N  reported quarterly
adjusted earnings of 66 cents​​ per share for the quarter ended
in June. The mean expectation of five analysts for the quarter
was for earnings of 50 cents per share.
    * Revenue rose 111.6% to $84.03 million from a year ago;
analysts
expected $67.20 million. 
    * Franklin BSP Realty Trust Inc's reported EPS for the
quarter was
39 cents​.
    * The mean earnings estimate of analysts had risen by
about 29.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Franklin BSP Realty Trust Inc shares had risen by 0.6%
this
quarter and gained 10.5% so far this year.
    * The company reported quarterly net income of $32.85
million.
    * Wall Street's median 12-month price target for Franklin
BSP
Realty Trust Inc is $14.75 
    * 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 from LSEG Refinitiv data July
31 at 10:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.50           0.66           Beat
 Mar. 31 2023      0.37           0.42           Beat
 Dec. 31 2022      0.36           0.37           Beat
 Sep. 30 2022      0.31           0.33           Beat