BrightSpire Capital, Inc. (BRSP) Misses Q1 EPS by 2c

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Go back to BrightSpire Capital, Inc. (BRSP) Misses Q1 EPS by 2c

BrightSpire Capital, Inc. Announces First Quarter 2022 Financial Results

May 3, 2022 8:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (BrightSpire Capital or the Company) today announced its financial results for the first quarter ended March 31, 2022 and certain updates. The Company reported first quarter 2022 GAAP net income attributable to common stockholders of $27.7 million, or $0.21 per share, and Distributable Earnings and Adjusted Distributable Earnings of $28.8 million, or $0.22 per share. The Company reported GAAP net book value of $11.26 per share and undepreciated book value of $12.36 per share as of March 31, 2022.

Michael J. Mazzei, Chief Executive Officer, commented, BrightSpire Capital had a successful first quarter, highlighted by solid... More