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TRTX Earnings Report this Week: Is It a Buy, Ahead of Earnings?

Tpg Re Finance Trust (TRTX) is scheduled to report 1st quarter earnings on 05/02/2023, after the market closes.

Regarding Q1 estimates, Wall Street analysts expect Tpg Re Finance Trust to post earnings of $0.28 per share. Revenue expectations are pegged at $35.08 million. Last quarter, Tpg Re Finance Trust beat earnings estimates, reporting EPS of $0.30 on estimates of $0.18. The stock rose by 16.17% the day after the last earnings release.

Year-to-date, TRTX stock has risen by 8.69%.

Is Tpg Re Finance Trust Stock a Buy?

Wall Street’s consensus rating for TRTX stock is a Hold, with an average analyst price target of $8.60, implying upside potential of 20.62% from current levels.

TRTX shares have lost about -11.32% in the past six months.

About Tpg Re Finance Trust

TPG RE Finance Trust, Inc. is a holding company, which engages in the provision of commercial real estate finance services. It originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in North America. The company was founded on October 24, 2014 and is headquartered in New York, NY.

Stay up-to-date on earnings this week, with TipRanks’ Earnings Calendar.

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