Benzinga | Aug 5, 2020 12:06PM EDT

Earnings Preview for Colony Credit Real Estate

Colony Credit Real Estate (NYSE: CLNC) unveils its next round of earnings this Thursday, August 06. Get prepared with Benzinga's ultimate preview for Colony Credit Real Estate's Q2 earnings.

Earnings and Revenue

Wall Street analysts see Colony Credit Real Estate reporting earnings of $0.18 per share on revenue of $79.20 million. In the same quarter last year, Colony Credit Real Estate reported earnings per share of $0.390 on revenue of $89.13 million. The Wall Street estimate would represent a 53.85% decline in the company's earnings. Here's how the company's EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019EPS Estimate 0.29 0.29 0.37 0.32EPS Actual 0.35 0.33 0.34 0.39Revenue Estimate 136.50 M 135.30 M 148.60 M 155.50 MRevenue Actual 89.78 M 89.15 M 90.42 M 89.13 M

Stock Performance

Over the past 52-week period, shares of Colony Credit Real Estate have declined 60.44%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Colony Credit Real Estate is scheduled to hold the call at 17:00:00 ET and can be accessed here: http://public.viavid.com/player/index.php?id=140681