Starwood Property Q3 Earnings Beat Estimates, Book Value Declines Y/Y
Starwood Property Trust(STWD) ZACKS·2024-11-08 01:20
Starwood Property Trust, Inc. (STWD) reported third-quarter 2024 adjusted distributable earnings of 48 cents per share, which beat the Zacks Consensus Estimate of 46 cents. The reported figure compares unfavorably to 49 cents per share reported in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results benefited from a rise in revenues and a decline in expenses. Also, a strong balance sheet position was another positive. However, STWD recorded a year-over-year d ...