Starwood Prop Trust: Q1 Earnings Insights

Starwood Prop Trust (NYSE:STWD) reported its Q1 earnings results on Thursday, May 4, 2023 at 07:00 AM. Here’s…

Starwood Prop Trust (NYSE:STWD) reported its Q1 earnings results on Thursday, May 4, 2023 at 07:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Starwood Prop Trust missed estimated earnings by 3.92%, reporting an EPS of $0.49 versus an estimate of $0.51.

Revenue was up $196.42 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 0.52% drop in the share price the next day.

Here’s a look at Starwood Prop Trust’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.5 0.51 0.51 0.52
EPS Actual 0.5 0.51 0.51 0.76
Revenue Estimate 457.05M 357.47M 321.50M 325.15M
Revenue Actual 454.60M 390.54M 325.59M 293.99M

To track all earnings releases for Starwood Prop Trust visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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