Starwood Property Trust Inc reports results for the quarter ended in December - Earnings Summary

Starwood Property Trust (Maryland)

01/03/2023 14:44

* Starwood Property Trust Inc  STWD.N  reported quarterly
adjusted
earnings of 50 cents​​ per share for the quarter ended in
December. The mean expectation of eight analysts for the quarter
was for earnings of 50 cents per share.
    * Revenue rose 56.9% to $454.60 million from a year ago;
analysts
expected $457.05 million. 
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Starwood Property Trust Inc shares had risen by 4.5% this
quarter.
    * The company reported quarterly net income of $140.03
million.
    * Wall Street's median 12-month price target for Starwood
Property
Trust Inc is $24.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 1
at 02:43 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.50           0.50           Met
 Sep. 30 2022      0.51           0.51           Met
 Jun. 30 2022      0.51           0.51           Met
 Mar. 31 2022      0.52           0.76           Beat