Franklin BSP Realty Trust, Inc. (FBRT) Tops Q2 EPS by 15c
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Franklin BSP Realty Trust, Inc. Announces Second Quarter 2023 Results
July 31, 2023 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 June 30, 2023.
Reported GAAP net income of $39.6 million for the three months ended June 30, 2023, compared to $43.8 million for the three months ended March 31, 2023. Reported diluted earnings per share ("EPS") to common stockholders of $0.39 for the three months ended June 30, 2023, compared to $0.44 for the three months ended March 31, 2023.
Reported Distributable Earnings (a non-GAAP financial measure) of $63.5 million or $0.66 per diluted common share on a fully converted basis(1) for the three months ended June 30, 2023,... More
