Starwood Property Trust, Inc.'s (STWD) CEO Barry Sternlicht on Q1 2021 Results - Earnings Call Transcript

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Q1: 2021-05-06 Earnings Summary

EPS of $0.50 beats by $0.01
 | Revenue of $287.23M (-8.10% Y/Y) misses by $3.43M

Starwood Property Trust, Inc. (NYSE:STWD) Q1 2021 Earnings Conference Call May 6, 2021 10:00 AM ET

Company Participants

Zach Tanenbaum - Director, Investor Relations
Barry Sternlicht - Chairman and CEO
Jeff DiModica - President
Rina Paniry - Chief Financial Officer
Andrew Sossen - Chief Operating Officer

Conference Call Participants

Steven Laws - Raymond James
Charlie Arestia - JPMorgan
Jade Rahmani - KBW
Doug Harter - Credit Suisse
Tim Hayes - BTIG
Don Fandetti - Wells Fargo

Operator

Greetings. Welcome to the Starwood Property Trust First Quarter 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator instructions]

Please note this conference is being recorded. I will now turn the call over to your host, Zach Tanenbaum, Director of Investor Relations.

Zach Tanenbaum

Thank you, Operator. Good morning. And welcome to Starwood Property Trust’s earnings call. This morning, the company released its financial results for the quarter ended March 31, 2021, filed its Form 10-Q with the Securities and Exchange Commission, and posted its earnings supplement to its website. These documents are available in the Investor Relations section of the company’s website at www.starwoodpropertytrust.com.

Before the call begins, I would like to remind everyone that certain statements made in the course of this call are not based on historical information and may constitute forward-looking statements.

These statements are based on management’s current expectations and beliefs, and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.

I refer you to the company’s filings made with the SEC for a more detailed discussion of the risks and factors that could cause actual results to differ materially from those expressed or implied in any forward-looking statements

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