Franklin BSP Realty Trust Q2 Adj EPS $0.66 Beats $0.50 Estimate, Sales $84.03M Beat $67.19M Estimate
Portfolio Pulse from sunil@benzinga.com
Franklin BSP Realty Trust (NYSE:FBRT) reported Q2 earnings of $0.66 per share, beating the analyst consensus estimate of $0.50 by 32%. This is a 127.59% increase from the same period last year. The company also reported quarterly sales of $84.03 million, beating the analyst consensus estimate of $67.19 million by 25.06%. This is a 111.57% increase from the same period last year.
July 31, 2023 | 9:13 pm
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Franklin BSP Realty Trust's Q2 earnings and sales significantly exceeded analyst estimates, indicating strong financial performance.
Franklin BSP Realty Trust's Q2 earnings and sales beat analyst estimates by a significant margin. This indicates strong financial performance, which is likely to positively impact the company's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100