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Franklin BSP Realty Trust Q1 2023 Earnings Report

Franklin BSP Realty Trust logo
$12.67 +0.24 (+1.93%)
(As of 12/20/2024 05:31 PM ET)

Franklin BSP Realty Trust EPS Results

Actual EPS
$0.44
Consensus EPS
$0.38
Beat/Miss
Beat by +$0.06
One Year Ago EPS
$0.09

Franklin BSP Realty Trust Revenue Results

Actual Revenue
$62.77 million
Expected Revenue
$53.01 million
Beat/Miss
Beat by +$9.76 million
YoY Revenue Growth
N/A

Franklin BSP Realty Trust Announcement Details

Quarter
Q1 2023
Time
After Market Closes

Conference Call Resources

Conference Call Audio

Slide Deck

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Franklin BSP Realty Trust Earnings Headlines

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About Franklin BSP Realty Trust

Benefit Street Partners operates as a self-managed real estate investment trust (REIT). BSP earns income from investing in a leveraged portfolio of residential mortgage pass-through securities consisting almost exclusively of adjustable-rate mortgage (ARM) securities issued and guaranteed by government-sponsored enterprises, either Federal National Mortgage Association (Fannie Mae) or Federal Home Loan Mortgage Corporation (Freddie Mac) (together, the government-sponsored enterprises (GSEs)), or by an agency of the federal government, Government National Mortgage Association (Ginnie Mae). BSP's investment strategy focuses on managing a portfolio of residential mortgage investments consisting almost exclusively of ARM Agency Securities. As of December 31, 2012, the Company's securities consisted of Agency Securities classified as available-for-sale and Residential mortgage securities classified as held-to-maturity.

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