Q2 FY2026 EarningsQ2 FY26 results missed consensus across most profitability and value metrics despite a top-line beat. Total income of $83.55M exceeded the $68.77M expected, but GAAP EPS of ($0.15) significantly missed the $0.06 profit consensus due to $13.5M in CECL reserve increases and $9.3M in real estate impairments. Adjusted Distributable Earnings per share of $0.13 fell short of the $0.15 Normalized EPS estimate. GAAP Book Value per share of $6.81 missed the $7.75 expected by 12.13%, reflecting continued credit stress in the office and retail segments.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: BrightSpire Capital(BRSP) the Revenue is 83.55 M (-2.77%), Beat estimate;the EBIT is 29.69 M (-38.07%), Miss estimate;the EPS is -0.15 (+21.05%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.08B2.77%
0.07B19.97%
+0.01B17.20%
EBITMiss expectations
0.03B38.07%
0.04B9.52%
-0.01B28.55%
EPSMiss expectations
-0.1521.05%
0.062132.63%
-0.2120111.58%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf