NYSE$BRSP
BrightSpire Capital Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported a net loss due to loan losses, fair value adjustments, and strategic asset sales and financing, while increasing liquidity and reducing recourse financing.
Colony Credit Real Estate reported a GAAP net loss of $(227.1) million, or $(1.77) per share, and Core/LNS Earnings of $(230.5) million, or $(1.75) per share for Q2 2020. These losses were primarily due to loan losses and fair value adjustments. The company more than doubled its liquidity to approximately $525 million and reduced its recourse financing by over $600 million through strategic asset sales and financing.
- GAAP net loss attributable to common stockholders was $(227.1) million, or $(1.77) per share.
- Core/LNS Earnings/(Loss) totaled $(230.5) million, or $(1.75) per share.
- Excluding provisions for losses and fair value adjustments, total Core/LNS Earnings were $34.7 million, or $0.26 per share.
- Liquidity more than doubled to approximately $525 million, while recourse financing was reduced by over $600 million.
Headline financials
Revenue & EPS history
BrightSpire · Revenue · Quarterly
$10.1M
Revenue by segment
BrightSpire · $3.8B total across 1 segment · Q1 2022
- Loan Portfolio Interest Income$3.8B—100.0%
Forward guidance
The company did not provide forward guidance in the press release.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
-0.4%
Avg return
Earnings day
-0.2%
Avg return
5 days after
+0.9%
Avg return
30 days after
36%
12 / 33 earnings
Positive
+21.9%
Q1 2020
Best reaction
-17.6%
Q3 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.3% | -4.3% | -5.1% | |
| Q4 2025 | +0.3% | -3.8% | -5.7% | |
| Q3 2025 | -0.4% | -1.5% | +6.9% | |
| Q1 2025 | -0.8% | +4.6% | +0.2% | |
| Q4 2024 | +2.2% | +1.7% | -0.5% | |
| Q3 2024 | +17.2% | +9.8% | +20.0% | |
| Q2 2024 | -8.2% | -11.5% | -5.9% | |
| Q1 2024 | -1.9% | -2.4% | -3.8% | |
| Q4 2023 | +1.8% | +2.3% | +3.8% | |
| Q3 2023 | +4.8% | +17.6% | +23.5% | |
| Q2 2023 | -3.8% | -2.5% | -2.7% | |
| Q1 2023 | -3.0% | -0.9% | +16.3% | |
| Q4 2022 | +0.0% | +1.0% | -25.3% | |
| Q3 2022 | -11.2% | -9.0% | -9.7% | |
| Q2 2022 | +0.9% | +2.9% | -2.8% | |
| Q1 2022 | +1.0% | -3.7% | +7.8% | |
| Q4 2021 | -4.2% | -0.9% | +1.9% | |
| Q3 2021 | -2.9% | -2.2% | -3.6% | |
| Q2 2021 | +3.6% | +6.8% | +9.9% | |
| Q1 2021 | +9.0% | +5.8% | +12.0% | |
| Q4 2020 | -2.8% | -2.0% | +2.0% | |
| Q3 2020 | +7.9% | +33.3% | +51.8% | |
| Q2 2020 | -1.8% | +0.5% | -11.3% | |
| Q1 2020 | +21.9% | -1.2% | +61.3% | |
| Q4 2019 | -0.3% | -0.5% | -58.9% | |
| Q3 2019 | -17.6% | -15.8% | -3.2% | |
| Q2 2019 | -4.8% | -11.9% | -16.7% | |
| Q1 2019 | -1.7% | +0.1% | -0.1% | |
| Q4 2018 | -6.5% | -8.1% | -11.2% | |
| Q3 2018 | -5.9% | -6.5% | -18.8% | |
| Q2 2018 | -3.7% | -4.9% | -2.3% | |
| Q1 2018 | -0.2% | -0.3% | -1.0% | |
| Q4 2017 | +1.2% | +2.2% | +1.0% | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q4 2016 | — | — | — |
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