TPG RE Finance Trust Q3 2024 Adj. EPS $0.28 Beats $0.27 Estimate, Sales $40.145M Beat $26.833M Estimate
Portfolio Pulse from Benzinga Newsdesk
TPG RE Finance Trust (NYSE:TRTX) reported Q3 2024 earnings per share of $0.28, surpassing the analyst estimate of $0.27. The company's sales reached $40.145 million, significantly exceeding the expected $26.833 million and marking a 60.66% increase from the previous year.
October 29, 2024 | 8:42 pm
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TPG RE Finance Trust reported better-than-expected Q3 2024 earnings and sales, with EPS of $0.28 beating estimates and sales of $40.145M exceeding expectations by 49.61%.
The company's earnings per share and sales both exceeded analyst expectations, indicating strong financial performance. The significant year-over-year sales growth further supports a positive outlook for the stock in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100