Earnings Preview : Q3 2024 Is Shaping Up To Be An Important Quarter For Franklin BSP Realty Trust ($FBRT)

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Franklin BSP Realty Trust (NYSE: FBRT) has announced that it will be unveiling its third quarter financial results on Monday 4th November 2024. This eagerly anticipated announcement is scheduled to occur after market close, ensuring that investors and analysts have the opportunity to gain valuable insights into the company's performance during the quarter.

Financial analysts on Wall Street are predicting that the concern is about to reveal an estimated $0.34 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $52.5 million for this period.

According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $209.11 million. Additionally, they forecast the earnings per share to hit profit of $1.48 for the fiscal year.

During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.43. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $62.39 million during that specific period.

 

Additionally, The company will host a conference call with investors and analysts on 5th November 2024 at 09:00 AM eastern time to review the Q3 2024 financial results.

Franklin BSP Realty Trust (FBRT) closed Friday's regular trading session at $12.98, marking a 0.23 percent fall. During the day, FBRT shares traded between $12.95 and $13.13, with a day volume of 321.50 thousand shares.