TPG RE Finance Trust Earnings Preview
TPG RE Finance Trust TRTX will release its quarterly earnings report on Tuesday, 2024-10-29. Here’s a brief overview for investors ahead of the announcement.
Analysts anticipate TPG RE Finance Trust to report an earnings per share (EPS) of $0.27.
TPG RE Finance Trust bulls will hope to hear the company announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Earnings Track Record
During the last quarter, the company reported an EPS beat by $0.03, leading to a 1.35% drop in the share price on the subsequent day.
Here’s a look at TPG RE Finance Trust’s past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.25 | 0.14 | -0.17 | -0.20 |
EPS Actual | 0.28 | 0.30 | -2.05 | -1.33 |
Price Change % | -1.0% | 13.0% | 17.0% | -4.0% |
Stock Performance
Shares of TPG RE Finance Trust were trading at $8.37 as of October 25. Over the last 52-week period, shares are up 53.09%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for TPG RE Finance Trust visit their earnings calendar on our site.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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