Franklin BSP: Q4 Earnings Snapshot

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NEW YORK (AP) — NEW YORK (AP) — Franklin BSP Realty Trust, Inc. (FBRT) on Thursday reported profit of $30.5 million in its fourth quarter.

On a per-share basis, the New York-based company said it had profit of 29 cents. Earnings, adjusted for one-time gains and costs, were 30 cents per share.

The real estate investment trust posted revenue of $55.9 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $49.3 million.

For the year, the company reported profit of $95.9 million, or 82 cents per share. Revenue was reported as $210.5 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FBRT at https://www.zacks.com/ap/FBRT

 

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