Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Starwood Property Trust (STWD), which belongs to the Zacks REIT and Equity Trust industry.
This commercial real estate investment trust has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 9.73%.
For the most recent quarter, Starwood Property Trust was expected to post earnings of $0.41 per share, but it reported $0.43 per share instead, representing a surprise of 4.88%. For the previous quarter, the consensus estimate was $0.48 per share, while it actually produced $0.55 per share, a surprise of 14.58%.
Price and EPS Surprise
For Starwood Property Trust, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the