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

Starwood Property Trust (Maryland)

04/05/2023 14:32

* Starwood Property Trust Inc  STWD.N  reported quarterly
adjusted
earnings of 50 cents​​ per share for the quarter ended in March.
The mean expectation of seven analysts for the quarter was
for earnings of 51 cents per share.
    * Revenue rose 66.8% to $490.41 million from a year ago;
analysts
expected $519.00 million. 
    * Starwood Property Trust Inc's reported EPS for the quarter
was
16 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Starwood Property Trust Inc shares had fallen by 3.5% this
quarter and lost 6.9% so far this year.
    * The company reported quarterly net income of $51.97
million.
    * Wall Street's median 12-month price target for Starwood
Property
Trust Inc is $22.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.51           0.50           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