earnings
confidence high
sentiment neutral
materiality 0.55
BrightSpire Capital Q1 2025 GAAP EPS $0.04, book value $7.92 per share
BrightSpire Capital, Inc.
2025-Q1 EPS reported
$0.04
revenue$77,562,000
- GAAP net income $5.3M ($0.04/share); Distributable Earnings $11.4M ($0.09/share); Adjusted Distributable Earnings $20.1M ($0.16/share).
- GAAP book value $7.92/share; undepreciated book value $8.75/share as of March 31, 2025.
- CEO notes positive net deployment YTD, reduced leverage, and stable watchlist and CECL reserves quarter-over-quarter.
- Slight book value decrease attributed to annual equity grants; no guidance update provided.