TPG RE Finance Trust Q4 Adj. EPS $(2.05) Misses $(0.17) Estimate
Portfolio Pulse from Benzinga Newsdesk
TPG RE Finance Trust (TRTX) reported a significant quarterly loss of $(2.05) per share, missing the analyst consensus estimate of $(0.17) by 1105.88%. This represents a 783.33% decrease from the $0.30 per share earnings reported in the same period last year.
February 20, 2024 | 10:05 pm
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NEGATIVE IMPACT
TPG RE Finance Trust reported a significant quarterly loss, missing estimates by a wide margin and showing a substantial decrease from the previous year.
The substantial miss in earnings estimates and the significant decrease from the previous year's earnings are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100