Franklin BSP Realty Trust reports Q1 distributable EPS 41c, consensus 39c

Reports Q1 revenue $53.95M, consensus $56.49M. Richard Byrne, Chairman and Chief Executive Officer of FBRT, said, “We are very pleased with the Company’s distributable earnings growth versus last quarter. Importantly, our multifamily-focused portfolio continues to demonstrate stability which positions us to deliver consistent performance over the long term.”

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