TPG RE Finance Trust Q2 2024 Adj. EPS $0.28 Beats $0.25 Estimate, Sales $39.302M Beat $29.175M Estimate
Portfolio Pulse from Benzinga Newsdesk
TPG RE Finance Trust (NYSE:TRTX) reported Q2 2024 adjusted EPS of $0.28, beating the $0.25 estimate. Sales were $39.302M, surpassing the $29.175M estimate and showing a 20.43% increase from last year's $32.634M.
July 30, 2024 | 9:30 pm
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TPG RE Finance Trust (NYSE:TRTX) reported strong Q2 2024 results with EPS of $0.28 beating estimates by 12% and sales of $39.302M beating estimates by 34.71%. Sales increased by 20.43% YoY.
The strong earnings and revenue beat, along with significant year-over-year growth, are likely to positively impact TRTX's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100