Colony Credit Real Estate's (CLNC) CEO Mike Mazzei on Q1 2021 Results - Earnings Call Transcript

May 05, 2021 10:16 PM ETBrightSpire Capital, Inc. (BRSP) StockBRSP
SA Transcripts
153.96K Followers

Q1: 2021-05-05 Earnings Summary

EPS of -$0.71 misses by $0.80
 | Revenue of $79.83M (-37.91% Y/Y) misses by $5.77M

Colony Credit Real Estate, Inc. (CLNC) Q1 2021 Earnings Conference Call May 5, 2021 5:00 PM ET

Company Participants

David Palamé – General Counsel
Mike Mazzei – President and Chief Executive Officer
Andy Witt – Chief Operating Officer
Frank Saracino – Chief Financial Officer

Conference Call Participants

Matthew Howlett – B.Riley
Tim Hayes – BTIG
Steve Delaney – JMP Securities

Operator

Greetings. Welcome to the Colony Credit Real Estate Incorporated First Quarter 2021 Earnings Call. At this time all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, David Palamé, General Counsel. Thank you, David. You may begin.

David Palamé

Good afternoon, and welcome to Colony Credit Real Estate, Inc.'s first quarter and full year 2021 earnings conference call. We will refer to Colony Credit Real Estate, Inc. as CLNC, Colony Credit Real Estate, Colony Credit or the company throughout this call. Speaking on the call today are the company's President and Chief Executive Officer, Mike Mazzei; Chief Operating Officer, Andy Witt; and Chief Financial Officer, Frank Saracino.

Before I hand the call over, please note that on this call, certain information presented contains forward-looking statements. These statements are based on management's current expectations and are subject to risks, uncertainties and assumptions. Potential risks and uncertainties could cause the company's business and financial results to differ materially including the potential adverse effect of and heightened risks associated with COVID-19.

For a discussion of risks that could affect results, please see the Risk Factors section of our most recent 10-Q and other risk factors and forward-looking statements in the company's current and periodic reports filed with the SEC from time to time. All information discussed on

Recommended For You

About BRSP Stock

SymbolLast Price% Chg
EPS
PE
Div Rate
Yield
Short Interest
Market Cap
Volume
Compare to Peers

More on BRSP