NEW YORK (AP) — NEW YORK (AP) — Franklin BSP Realty Trust, Inc. (FBRT) on Wednesday reported net income of $30 million in its fourth quarter.
On a per-share basis, the New York-based company said it had profit of 28 cents. Earnings, adjusted for non-recurring costs, were 39 cents per share.
The real estate investment trust posted revenue of $54.8 million in the period.
For the year, the company reported profit of $145.2 million, or $1.42 per share. Revenue was reported as $264 million.
_____
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