Broadmark Realty: Q3 Earnings Snapshot
Broadmark Realty Capital Inc. (BRMK) on Monday reported third-quarter net income of $2.6 million. The Seattle-based company said it had net income of 2 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 12 cents per share
By AP News
Published - Nov 07, 2022, 05:14 PM ET
Last Updated - Mar 22, 2024, 09:57 AM EDT
SEATTLE (AP) _ Broadmark Realty Capital Inc. (BRMK) on Monday reported third-quarter net income of $2.6 million.
The Seattle-based company said it had net income of 2 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 12 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share.
The company posted revenue of $27.1 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $29.9 million.
