BrightSpire Capital, Inc. (BRSP) Tops Q3 EPS by 5c

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Go back to BrightSpire Capital, Inc. (BRSP) Tops Q3 EPS by 5c

BrightSpire Capital, Inc. Announces Third Quarter 2021 Financial Results

November 3, 2021 5:20 AM EDT

NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (BrightSpire Capital or the Company) today announced its financial results for the third quarter ended September 30, 2021 and certain updates. The Company reported third quarter 2021 GAAP net loss attributable to common stockholders of $(70.1) million, or $(0.54) per share, and Distributable Loss of $(68.4) million, or $(0.51) per share. Excluding realized losses and fair value adjustments, Adjusted Distributable Earnings of $35.0 million, or $0.26 per share. The Company reported GAAP net book value of $11.04 per share and undepreciated book value of $12.00 per share as of September 30, 2021.

Michael J. Mazzei, Chief Executive Officer and... More