NEW YORK (AP) — NEW YORK (AP) — Franklin BSP Realty Trust, Inc. (FBRT) on Wednesday reported net income of $12 million in its first quarter.
The New York-based company said it had net income of 7 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 22 cents per share.
The real estate investment trust posted revenue of $74.4 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FBRT at https://www.zacks.com/ap/FBRT
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