• Brightspire Capital Inc BRSP.N reported quarterly adjusted earnings of 9 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 23 cents. The mean expectation of seven analysts for the quarter was for earnings of 16 cents per share. Wall Street expected results to range from 15 cents to 18 cents per share.

• Revenue fell 42.1% to $15.88 million from a year ago; analysts expected $17.60 million.

• Brightspire Capital Inc's reported EPS for the quarter was 4 cents​.

• The company reported quarterly net income of $5.34 million.

• Brightspire Capital Inc shares had fallen by 10.8% this quarter and lost 12.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 10% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is also "hold"

• Wall Street's median 12-month price target for Brightspire Capital Inc is $6.75

This summary was machine generated from LSEG data April 29 at 09:42 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)