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

Franklin Bsp Realty Trust

04/05/2023 11:52

* Franklin BSP Realty Trust Inc  FBRT.N  reported quarterly
adjusted earnings of 42 cents​​ per share for the quarter ended
in March. The mean expectation of five analysts for the quarter
was for earnings of 37 cents per share.
    * Revenue rose 13.9% to $62.77 million from a year ago;
analysts
expected $55.07 million. 
    * Franklin BSP Realty Trust Inc's reported EPS for the
quarter was
44 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.3%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Franklin BSP Realty Trust Inc shares had risen by 1.6%
this
quarter and lost 6.0% so far this year.
    * The company reported quarterly net income of $43.83
million.
    * Wall Street's median 12-month price target for Franklin
BSP
Realty Trust Inc is $14.00 
    * 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 May
4 at 10:52 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.37           0.42           Beat
 Dec. 31 2022      0.36           0.37           Beat
 Sep. 30 2022      0.31           0.33           Beat
 Jun. 30 2022      0.40           0.22           Missed