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Franklin BSP (FBRT) Misses Q3 Earnings Estimates

Franklin BSP (FBRT) came out with quarterly earnings of 0.22pershare,missingtheZacksConsensusEstimateof0.22 per share, missing the Zacks Consensus Estimate of 0.24 per share. This compares to a loss of 0.1pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof8.330.1 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -8.33%. A quarter ago, it was expected that this real estate investment trust would post earnings of 0.31 per share when it actually produced earnings of $0.27, delivering a surprise of -12.9%.Over the last four quarter ...