• Brightspire Capital Inc BRSP.N reported quarterly adjusted earnings of 16 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 21 cents. The mean expectation of six analysts for the quarter was for earnings of 17 cents per share. Wall Street expected results to range from 16 cents to 20 cents per share.

• Revenue fell 15.4% to $17.53 million from a year ago; analysts expected $16.37 million.

• Brightspire Capital Inc's reported EPS for the quarter was breakeven results​.

• The company reported quarterly net income of $984 thousand.

• Brightspire Capital Inc shares had fallen by 1.8% this quarter and lost 5.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is "buy."

• Wall Street's median 12-month price target for Brightspire Capital Inc is $6.50, about 19.2% above its last closing price of $5.25

This summary was machine generated from LSEG data October 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)