TPG RE Finance Trust Q2 adjusted EPS misses analyst estimates

TPG RE Finance Trust

28/07/2026 21:55

Overview
US commercial real estate lender's Q2 adjusted EPS missed analyst expectations
Company repurchased 1.3 mln shares, increasing book value per share
TRTX closed $400 mln term loan and $100 mln revolver, enhancing liquidity

Outlook
Company did not provide specific guidance for the current qtr or full yr

Result Drivers
LOAN ORIGINATION AND REPAYMENTS - Co originated $466 mln in new loans and received $274 mln in repayments during the qtr
LIABILITY STRUCTURE CHANGES - Closed $400 mln Term Loan B and $100 mln revolver, increasing durable, non-mark-to-market liquidity
CREDIT LOSS ALLOWANCE - Allowance for credit losses increased by $3.5 mln to $80.7 mln, with portfolio risk rating unchanged

Company press release: ID:nBw3sQj0Da

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Miss
$0.23
$0.26 (6 Analysts)
Q2 EPS
 
$0.12
 
Q2 Net Income
 
$9.35 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the specialized reits peer group is "buy"
Wall Street's median 12-month price target for TPG RE Finance Trust Inc is $10.00, about 17.1% above its July 28 closing price of $8.54
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 7 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)