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TRTXBearishEarningsnews
Materiality pending

TPG RE Finance Trust (TRTX) Surpasses Q1 Earnings and Revenue Estimates

Apr 30, 2024, 7:17 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- TRTX Q1 earnings: $0.30/share, beat estimate by 76.47%, up from $0.17/share last year. - Revenue for March 2024: $38.93 million, beat estimate by 31.22%, up from $21.74 million. - Estimate revisions trend for TRTX is unfavorable, Zacks Rank #5 (Strong Sell). Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • TRTX Q1 earnings: $0.30/share, beat estimate by 76.47%, up from $0.17/share last year.
  • Revenue for March 2024: $38.93 million, beat estimate by 31.22%, up from $21.74 million.
  • Estimate revisions trend for TRTX is unfavorable, Zacks Rank #5 (Strong Sell).

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