Blackstone Mortgage Trust Inc expected to post earnings of 31 cents a share - Earnings Preview

Blackstone Mortgage Trust

21/10/2024 16:51

* Blackstone Mortgage Trust Inc  BXMT.N   BXMT.K  is
expected
to show a fall in quarterly revenue when it reports  results on
October 23 for the period ending September 30 2024
    * The New York City-based  company is expected to report a
30.2% decrease in revenue to $115.418 million from $165.37
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. (Consensus is on Income from loans
and other investments, net)
    * ​LSEG's mean analyst estimate for Blackstone Mortgage
Trust Inc
is for earnings of 31 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Blackstone
Mortgage Trust Inc is 18.50​, below​ its last closing price
of $19.02. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.47        0.48       0.49      Beat    2.3
 Mar. 31 2024  0.47        0.43       0.33      Missed  -24
 Jan. 1 0001   0.67        0.62       0.69      Beat    10.4​
 Sep. 30 2023  0.70        0.69       0.78      Beat    12.9
 ​​Jun.        0.66        0.66       0.79      Beat    19.7
 30 2023                                                
 Mar. 31 2023  0.75        0.74       0.79      Beat    7.4​
 Jan. 1 0001   0.73        0.72       0.87      Beat    21
 Jan. 1 0001   0.67        0.67       0.71      Beat    6.3
 This summary was machine generated October 21 at 15:51 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)