Colony Credit: Q1 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — BrightSpire Capital, Inc. (BRSP) on Wednesday reported a first-quarter loss of $4.1 million, after reporting a profit in the same period a year earlier.

The New York-based company said it had a loss of 3 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 27 cents per share.

The real estate investment trust posted revenue of $33 million in the period.

Colony Credit shares have declined 13% since the beginning of the year. The stock has dropped 36% in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on BRSP at

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up