• Franklin BSP Realty Trust Inc FBRT.N reported a quarterly adjusted loss of 12 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 41 cents. The mean expectation of five analysts for the quarter was for earnings of 27 cents per share. Wall Street expected results to range from 15 cents to 33 cents per share.

• Revenue fell 7.1% to $50.11 million from a year ago; analysts expected $51.07 million.

• Franklin BSP Realty Trust Inc's reported EPS for the quarter was 20 cents​.

• The company reported quarterly net income of $17.31 million.

• Franklin BSP Realty Trust Inc shares had fallen by 8.7% this quarter and lost 7.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 28.4% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is also "buy"

• Wall Street's median 12-month price target for Franklin BSP Realty Trust Inc is $15.00

This summary was machine generated from LSEG data April 28 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)