Franklin BSP Realty Trust, Inc. (FBRT) Misses Q1 EPS by 8c
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Franklin BSP Realty Trust, Inc. Announces First Quarter 2025 Results
April 28, 2025 4:15 PM EDTNEW YORK--(BUSINESS WIRE)-- Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (FBRT or the Company) today announced financial results for the quarter ended March 31, 2025.
Reported GAAP net income of $23.7 million for the three months ended March 31, 2025, compared to $30.2 million for the three months ended December 31, 2024. Reported diluted earnings per share ("EPS") to common stockholders of $0.20 for the three months ended March 31, 2025, compared to $0.29 for the three months ended December 31, 2024.
Reported Distributable Earnings (a non-GAAP financial measure) of $(6.2) million, or $(0.12) per diluted common share on a fully converted basis(1), for the three months ended March 31,... More
