Starwood Prop Trust Q4 Adj EPS $0.58 Beats $0.48 Estimate, Sales $522.28M Miss $534.67M Estimate
Portfolio Pulse from Benzinga Newsdesk
Starwood Prop Trust (STWD) reported Q4 adjusted earnings of $0.58 per share, surpassing the consensus estimate of $0.48 by 20.83%. However, their quarterly sales of $522.28 million fell short of the expected $534.67 million by 2.32%.
February 22, 2024 | 11:55 am
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Starwood Prop Trust reported higher-than-expected Q4 earnings but missed sales estimates.
The positive earnings surprise could lead to a short-term positive sentiment among investors, offset by the slight miss in sales expectations. The net effect might be neutral as the market weighs both factors.
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