Starwood Property Trust Inc expected to post earnings of 47 cents a share - Earnings Preview

Starwood Property Trust (Maryland)

06/05/2024 15:24

* Starwood Property Trust Inc  STWD.N   STWD.K  is expected
to show a rise in quarterly revenue when it reports  results on
May 8 for the period ending March 31 2024
    * The Greenwich Connecticut-based  company is expected to
report a
10.3% increase in revenue to $541 million from $490.41 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Starwood Property Trust
Inc is
for earnings of 47 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Starwood
Property
Trust Inc is $22.00​, above​ its last closing price of $19.49.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.48        0.48       0.58      Beat    20.8
 Sep. 30 2023  0.46        0.47       0.49      Beat    3.6
 Jun. 30 2023  0.48        0.48       0.49      Beat    1.2​
 Mar. 31 2023  0.51        0.51       0.50      Missed  -1.3
 ​​Dec.        0.50        0.50       0.50      Met     -0.9
 31 2022                                                
 Sep. 30 2022  0.50        0.51       0.51      Met     0.2​
 Jun. 30 2022  0.50        0.51       0.51      Met     0.5
 Mar. 31 2022  0.51        0.52       0.76      Beat    46.4
 This summary was machine generated May 6 at 14:24 GMT.  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)