NYSE$TRTX
TPG RE Finance Trust Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Reported operating results for Q3 2023, including a net loss attributable to common stockholders.
TPG RE Finance Trust reported a GAAP net loss attributable to common stockholders of $64.6 million, or $0.83 per common share, for the quarter ended September 30, 2023. They originated one first mortgage loan with a total loan commitment of $43.6 million and received loan repayments of $297.0 million. The company sold two loans resulting in losses and acquired a multifamily property through foreclosure.
- Recognized GAAP net (loss) attributable to common stockholders of ($64.6) million, or ($0.83) per common share.
- Originated one first mortgage loan with a total loan commitment of $43.6 million.
- Received loan repayments of $297.0 million.
- Ended the quarter with $570.6 million of total liquidity.
Headline financials
Revenue & EPS history
TRTX · Revenue · Quarterly
$27M
Forward guidance
The company believes that its strong liquidity position, stable capital structure and the depth and breadth of the TPG real estate platform will enable TRTX to benefit from an attractive future investment environment.
Tailwinds
- Strong liquidity position
- Stable capital structure
- Depth and breadth of the TPG real estate platform
- Benefit from an attractive future investment environment
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 Q3 2023
-1.1%
Avg return
Earnings day
-0.9%
Avg return
5 days after
+0.6%
Avg return
30 days after
45%
18 / 40 earnings
Positive
+14.2%
Q4 2023
Best reaction
-19.5%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.1% | -0.4% | +0.4% | |
| Q4 2025 | -3.6% | -5.3% | -11.1% | |
| Q3 2025 | -3.4% | -1.9% | +1.9% | |
| Q1 2025 | +1.5% | +1.5% | +2.0% | |
| Q4 2024 | -5.2% | -4.4% | -3.0% | |
| Q3 2024 | +5.1% | +4.5% | +9.8% | |
| Q2 2024 | -1.2% | -4.3% | +2.8% | |
| Q1 2024 | +8.8% | +9.7% | +12.1% | |
| Q4 2023 | +14.2% | +21.2% | +40.2% | |
| Q3 2023 | -7.7% | -4.2% | +3.5% | |
| Q2 2023 | -12.1% | -8.2% | -3.6% | |
| Q1 2023 | -19.5% | -19.4% | -7.8% | |
| Q4 2022 | +10.8% | +7.8% | -15.8% | |
| Q3 2022 | -14.5% | -20.3% | -11.0% | |
| Q2 2022 | -5.2% | -7.1% | -17.0% | |
| Q1 2022 | +4.8% | +1.3% | +1.0% | |
| Q4 2021 | -5.1% | -3.4% | -2.4% | |
| Q3 2021 | -2.8% | +0.5% | -6.5% | |
| Q2 2021 | -2.6% | -0.5% | -3.5% | |
| Q1 2021 | -0.3% | +3.7% | +5.5% | |
| Q4 2020 | -5.2% | -1.3% | +2.3% | |
| Q3 2020 | +0.6% | +5.6% | +33.0% | |
| Q2 2020 | +5.3% | +3.0% | +9.4% | |
| Q1 2020 | -9.8% | -17.8% | +25.1% | |
| Q4 2019 | +0.4% | +0.8% | -63.8% | |
| Q3 2019 | +2.5% | +1.6% | +2.0% | |
| Q2 2019 | -0.2% | -0.3% | -1.6% | |
| Q1 2019 | -0.4% | +1.7% | -1.7% | |
| Q4 2016 | +0.2% | +0.1% | -2.3% | |
| Q4 2018 | -0.6% | -0.1% | -0.7% | |
| Q3 2018 | +0.2% | +1.0% | -1.5% | |
| Q2 2018 | -0.5% | -5.8% | +0.1% | |
| Q1 2017 | +0.7% | +0.4% | +2.9% | |
| Q1 2018 | +0.7% | +0.4% | +2.9% | |
| Q2 2017 | +0.1% | +0.3% | +6.1% | |
| Q4 2017 | +0.1% | +0.3% | +6.1% | |
| Q4 2015 | +0.1% | +0.3% | +6.1% | |
| Q3 2016 | -0.8% | -0.9% | -0.6% | |
| Q3 2017 | -0.8% | -0.9% | -0.6% | |
| Q2 2016 | +2.7% | +3.4% | +2.0% | |
| Q1 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