earnings
confidence high
sentiment neutral
materiality 0.65
BrightSpire Capital Q3 GAAP net loss $0.16/sh; adj distributable earnings $0.25/sh; div $0.20
BrightSpire Capital, Inc.
2022-Q3 EPS reported
$0.31
revenue$260,934,000
- GAAP net loss attributable to common stockholders of $(20.5)M, or $(0.16) per share.
- Adjusted Distributable Earnings of $32.3M, or $0.25 per share; Distributable Loss of $(24.7)M or $(0.19) per share.
- GAAP net book value $10.87 per share; undepreciated book value $12.08 per share as of Sept 30, 2022.
- Quarterly dividend declared at $0.20 per share.
- CEO cites solid results but notes rising rates prompted reduction in loan originations and high cash balances.