BrightSpire Capital: Q1 Earnings Insights

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BrightSpire Capital BRSP reported its Q1 earnings results on Wednesday, May 3, 2023 at 08:30 AM.

Here's what investors need to know about the announcement.

Earnings

BrightSpire Capital beat estimated earnings by 12.5%, reporting an EPS of $0.27 versus an estimate of $0.24.

Revenue was up $4.73 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 3.82% increase in the share price the next day.

Here's a look at BrightSpire Capital's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.24 0.25 0.23 0.24
EPS Actual 0.27 0.25 0.24 0.22
Revenue Estimate 31.94M 26.97M 28.97M 28.43M
Revenue Actual 58.97M 55.23M 55.33M 53.83M

To track all earnings releases for BrightSpire Capital visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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