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Granite Point Mortgage Trust Q4 2023 Earnings Results & Report

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$2.56 -0.10 (-3.76%)
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Granite Point Mortgage Trust reported Q4 2023 earnings on January 6, 2025. The company reported EPS of $1.40, while revenue was $18.49 million.

Earnings Announcement Details

Quarter
Q4 2023
Report Date
Time
Before Market Opens

Granite Point Mortgage Trust EPS Results

Actual EPS
$1.40
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A
EPS Beat Rate
4 of last 8 quarters

Granite Point Mortgage Trust Revenue Results

Actual Revenue
$18.49 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Conference Call Resources

Granite Point Mortgage Trust Q4 2023 Earnings FAQ

Granite Point Mortgage Trust (NYSE:GPMT) reported earnings of $1.40 per share for Q4 2023. The report was announced on Monday, January 6, 2025.

Granite Point Mortgage Trust reported revenue of $18.49 million for Q4 2023.

Granite Point Mortgage Trust Earnings Headlines

What Granite Point Mortgage Trust (GPMT) Said on Its Q3 Earnings Call
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About Granite Point Mortgage Trust

Granite Point Mortgage Trust (NYSE:GPMT) is a real estate investment trust that focuses on commercial real estate finance. The company originates, acquires and manages commercial real estate debt investments, with an emphasis on floating-rate, senior mortgage loans secured by properties in major U.S. markets.

Its investments generally support transitional commercial properties, including office, multifamily, industrial, hotel, retail and mixed-use assets. Granite Point typically provides financing to property owners and investors seeking capital for acquisitions, renovations, repositioning or other business plans intended to enhance a property’s value.

Granite Point was established in 2015 and became a publicly traded company in 2017. The company is externally managed by Pine River Capital Management L.P. and operates primarily across the United States through its commercial real estate lending activities.

View Granite Point Mortgage Trust Profile