Starwood Property Trust Reports Q3 Non-GAAP EPS and Revenue Beat
Starwood Property Trust (STWD) reported third-quarter financial results that exceeded analyst expectations. The company posted a Non-GAAP earnings per share (EPS) of $0.31, surpassing estimates by $0.02. Total revenue for the quarter reached $545.85 million, representing an 11.7% increase year-over-year and beating consensus estimates by $16.6 million. While the earnings beat shows operational strength, market commentary surrounding the stock remains mixed due to discussions regarding dividend sustainability and interest rate sensitivity.
Tickers: $STWD
Topics: earnings beat non-GAAP EPS revenue growth