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Franklin BSP Realty Trust Earnings Calls
| Release date | Oct 29, 2025 |
| EPS estimate | $0.295 |
| EPS actual | $0.220 |
| EPS Surprise | -25.42% |
| Revenue estimate | 81.393M |
| Revenue actual | 89.549M |
| Revenue Surprise | 10.02% |
| Release date | Jul 30, 2025 |
| EPS estimate | $0.310 |
| EPS actual | $0.270 |
| EPS Surprise | -12.90% |
| Revenue estimate | 81.393M |
| Revenue actual | 119.507M |
| Revenue Surprise | 46.83% |
| Release date | Apr 28, 2025 |
| EPS estimate | $0.300 |
| EPS actual | $0.310 |
| EPS Surprise | 3.33% |
| Revenue estimate | 56.465M |
| Revenue actual | 164.02M |
| Revenue Surprise | 190.48% |
| Release date | Feb 13, 2025 |
| EPS estimate | $0.270 |
| EPS actual | $0.300 |
| EPS Surprise | 11.11% |
| Revenue estimate | 50.146M |
| Revenue actual | 135.422M |
| Revenue Surprise | 170.06% |
Last 4 Quarters for Franklin BSP Realty Trust
Below you can see how FBRT performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Feb 13, 2025 |
| Price on release | $13.00 |
| EPS estimate | $0.270 |
| EPS actual | $0.300 |
| EPS surprise | 11.11% |
| Date | Price |
|---|---|
| Feb 07, 2025 | $12.81 |
| Feb 10, 2025 | $12.88 |
| Feb 11, 2025 | $12.95 |
| Feb 12, 2025 | $12.85 |
| Feb 13, 2025 | $13.00 |
| Feb 14, 2025 | $13.22 |
| Feb 18, 2025 | $13.30 |
| Feb 19, 2025 | $13.21 |
| Feb 20, 2025 | $13.19 |
| 4 days before | 1.48% |
| 4 days after | 1.46% |
| On release day | 1.69% |
| Change in period | 2.97% |
| Release date | Apr 28, 2025 |
| Price on release | $11.64 |
| EPS estimate | $0.300 |
| EPS actual | $0.310 |
| EPS surprise | 3.33% |
| Date | Price |
|---|---|
| Apr 22, 2025 | $11.56 |
| Apr 23, 2025 | $11.50 |
| Apr 24, 2025 | $11.47 |
| Apr 25, 2025 | $11.63 |
| Apr 28, 2025 | $11.64 |
| Apr 29, 2025 | $11.59 |
| Apr 30, 2025 | $11.38 |
| May 01, 2025 | $11.35 |
| May 02, 2025 | $11.45 |
| 4 days before | 0.692% |
| 4 days after | -1.63% |
| On release day | -0.430% |
| Change in period | -0.95% |
| Release date | Jul 30, 2025 |
| Price on release | $10.08 |
| EPS estimate | $0.310 |
| EPS actual | $0.270 |
| EPS surprise | -12.90% |
| Date | Price |
|---|---|
| Jul 24, 2025 | $10.48 |
| Jul 25, 2025 | $10.45 |
| Jul 28, 2025 | $10.30 |
| Jul 29, 2025 | $10.22 |
| Jul 30, 2025 | $10.08 |
| Jul 31, 2025 | $10.10 |
| Aug 01, 2025 | $10.48 |
| Aug 04, 2025 | $10.82 |
| Aug 05, 2025 | $10.89 |
| 4 days before | -3.82% |
| 4 days after | 8.04% |
| On release day | 0.198% |
| Change in period | 3.91% |
| Release date | Oct 29, 2025 |
| Price on release | $10.66 |
| EPS estimate | $0.295 |
| EPS actual | $0.220 |
| EPS surprise | -25.42% |
| Date | Price |
|---|---|
| Oct 23, 2025 | $10.78 |
| Oct 24, 2025 | $10.83 |
| Oct 27, 2025 | $10.79 |
| Oct 28, 2025 | $10.71 |
| Oct 29, 2025 | $10.66 |
| Oct 30, 2025 | $10.24 |
| Oct 31, 2025 | $10.14 |
| Nov 03, 2025 | $10.12 |
| Nov 04, 2025 | $10.15 |
| 4 days before | -1.11% |
| 4 days after | -4.78% |
| On release day | -3.94% |
| Change in period | -5.84% |
Franklin BSP Realty Trust Earnings Call Transcript Summary of Q3 2025
FBRT described the third quarter as transitional driven by the July 1 NewPoint acquisition and active balance sheet management. Reported results: GAAP net income $17.6M ($0.13/share) and distributable earnings $26.7M ($0.22/share; $0.23 excluding a $1.7M REO realized loss). NewPoint contributed $9.3M of distributable earnings in its first full quarter and produced a record $2.2B of agency originations; MSR portfolio valued at ~$221M. Core whole‑loan activity was muted early in the quarter as liquidity was maintained for the acquisition: ~$304M in new commitments and $196M funded; $275M of repayments. Core portfolio ended at $4.4B (75% multifamily), with a target stabilized whole‑loan portfolio of $5.0–5.5B. Liquidity at quarter end was ~$522M; after quarter end FBRT issued a ~$1.1B CRE CLO (FL12) on Oct. 15 and financed ~$500M with a money center bank which freed ~$250M of cash and lowered financing costs ~65 bps, adding roughly $1B of origination capacity and an expected ~$0.05–$0.07 per share quarterly benefit once deployed (realized beginning early 2026). Average cost of debt on core portfolio was SOFR + 2.31%; ~75% of core book financed via nonrecourse, non‑MTM structures. The company resumed buybacks in Q4 (540k shares, ~$6M through Oct. 24; $25.6M remaining authorization; board extended buyback through Dec next year). Watch list had 10 positions; REO portfolio down slightly with sales and several PSAs expected to close in Q4. Management expects NewPoint to be accretive to GAAP earnings and book value in H1 2026 and to distributable earnings in H2 2026, and anticipates incremental earnings from REO disposition and CLO proceeds as legacy issues resolve and capital is redeployed.
