Franklin BSP Realty Trust (FBRT) Q1 Earnings Report Preview: What To Look For
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Franklin BSP Realty Trust (FBRT) is set to report its Q1 earnings this Wednesday. Last quarter, it missed revenue expectations with $84.04 million, a 49.8% year-on-year increase. Analysts expect a 40.5% revenue growth this quarter. Despite previous misses, analysts have maintained their estimates. Peers like WaFd Bank and Northwest Bancshares reported positive results, contributing to a favorable sentiment in the sector. FBRT's share price has risen 6.9% recently, with an average analyst price target of $13 against its current price of $9.12.
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