Franklin BSP (FBRT) Reports Q3 Loss, Lags Revenue Estimates
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Franklin BSP (FBRT) reported a Q3 loss of $0.10 per share, missing the Zacks Consensus Estimate of $0.26. This is a significant decline from the $0.43 per share earnings reported a year ago.
November 05, 2024 | 12:30 pm
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Franklin BSP reported a Q3 loss of $0.10 per share, missing the expected $0.26 and showing a decline from last year's $0.43 per share earnings.
The reported loss of $0.10 per share is significantly below the expected earnings of $0.26, indicating a negative performance. This, combined with a decline from last year's earnings, is likely to negatively impact FBRT's stock price in the short term.
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