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

Starwood Property Trust (Maryland)

03/08/2023 14:33

* Starwood Property Trust Inc  STWD.N  reported quarterly
adjusted
earnings of 49 cents​​ per share for the quarter ended in June.
The mean expectation of eight analysts for the quarter was
for earnings of 48 cents per share.
    * Revenue rose 58.4% to $515.67 million from a year ago;
analysts
expected $514.14 million. 
    * Starwood Property Trust Inc's reported EPS for the quarter
was
54 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Starwood Property Trust Inc shares had risen by 4.6% this
quarter and gained 10.7% so far this year.
    * The company reported quarterly net income of $168.84
million.
    * Wall Street's median 12-month price target for Starwood
Property
Trust Inc is $21.00 
    * 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 LSEG Refinitiv data
August 3 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.48           0.49           Beat
 Mar. 31 2023      0.51           0.50           Missed
 Dec. 31 2022      0.50           0.50           Met
 Sep. 30 2022      0.51           0.51           Met