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FBRT — Franklin Bsp Realty Trust News Story

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Franklin BSP Realty Trust Inc reports results for the quarter ended June 30 - Earnings Summary

Franklin BSP Realty Trust Inc FBRT.N reported quarterly adjusted earnings of 27 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 31 cents.  The mean expectation of five analysts for the quarter was for earnings of 29 cents per share. Wall Street expected results to range from 27 cents to 31 cents per share.

Revenue fell 3.1% to $49.29 million from a year ago; analysts expected $52.48 million.

Franklin BSP Realty Trust Inc's reported EPS for the quarter was 19 cents​.

The company reported quarterly net income of $16.45 million.

Franklin BSP Realty Trust Inc shares had fallen by 4.4% this quarter and lost 18.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is also "buy"

Wall Street's median 12-month price target for Franklin BSP Realty Trust Inc is $15.00, about 32.8% above its last closing price of $10.08

This summary was machine generated from LSEG data July 31 at 12:09 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.290.27Missed
Mar. 31 20250.27-0.12Missed
Dec. 31 20240.290.30Beat
Sep. 30 20240.34-0.10Missed

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