Starwood Prop Trust Q2 2024 Adj EPS $0.48 Misses $0.49 Estimate
Portfolio Pulse from Benzinga Newsdesk
Starwood Property Trust (NYSE:STWD) reported Q2 2024 adjusted earnings per share (EPS) of $0.48, missing the analyst consensus estimate of $0.49 by 2.04%.
August 06, 2024 | 11:02 am
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Starwood Property Trust reported Q2 2024 adjusted EPS of $0.48, missing the analyst estimate of $0.49 by 2.04%. This slight miss may lead to a short-term negative impact on the stock price as it indicates the company did not meet market expectations.
The slight miss in EPS indicates that the company did not meet market expectations, which often leads to a short-term negative reaction in the stock price. Investors may view this as a sign of underperformance.
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