NYSE$BRSP
BrightSpire Capital Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
BrightSpire Capital, Inc. reported its fourth quarter and full year 2024 financial results, highlighting a productive quarter with new loan originations and watchlist resolutions.
BrightSpire Capital, Inc. reported a GAAP net loss of $19.7 million for Q4 2024, or $0.16 per share. The company achieved Distributable Earnings of $13.7 million and Adjusted Distributable Earnings of $23.7 million, while maintaining liquidity and focusing on resolving watchlist and REO assets.
- GAAP net loss attributable to common stockholders for Q4 2024 was $19.7 million, or $0.16 per share.
- Distributable Earnings for Q4 2024 were $13.7 million, or $0.11 per share.
- Adjusted Distributable Earnings for Q4 2024 were $23.7 million, or $0.18 per share.
- The company reported a GAAP net book value of $8.08 per share and an undepreciated book value of $8.89 per share as of December 31, 2024.
Headline financials
Revenue & EPS history
BrightSpire · Revenue · Quarterly
$0
Revenue by segment
BrightSpire · $3.8B total across 1 segment · Q1 2022
- Loan Portfolio Interest Income$3.8B—100.0%
Forward guidance
The company expects to continue resolving watchlist and REO assets and grow its portfolio and earnings through new loan originations.
Tailwinds
- Expects to continue resolving watchlist and REO assets.
- Anticipates growing the portfolio through new loan originations.
- Aims to increase earnings through new loan originations.
- Maintained liquidity during a productive quarter and year.
- Focus on originating new loans.
Headwinds
- Operating costs and business disruption may be greater than expected.
- Operating results may differ materially from information presented in annual reports and SEC filings.
- Defaults by borrowers in paying debt service on outstanding indebtedness.
- Deterioration in the performance of properties securing investments due to various factors.
- Fair value of investments may be subject to uncertainties including inflationary trends and interest rate volatility.
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 Q4 2024
-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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro