Blackstone Mortgage Trust Inc expected to post earnings of 43 cents a share - Earnings Preview

Blackstone Mortgage Trust

22/04/2024 14:01

* Blackstone Mortgage Trust Inc  BXMT.N   BXMT.K  is
expected
to show a fall in quarterly revenue when it reports  results on
April 24 for the period ending March 31 2024
    * The New York City-based  company is expected to report a
15.5% decrease in revenue to $147.196 million from $174.19
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Blackstone Mortgage
Trust Inc
is for earnings of 43 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Blackstone
Mortgage Trust Inc is $21.00​, above​ its last closing price
of $18.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.67        0.62       0.69      Beat    10.4
 Sep. 30 2023  0.70        0.69       0.78      Beat    12.9
 Jun. 30 2023  0.66        0.66       0.79      Beat    19.7​
 Mar. 31 2023  0.75        0.74       0.79      Beat    7.4
 ​​Dec.        0.73        0.72       0.87      Beat    21
 31 2022                                                
 Sep. 30 2022  0.67        0.67       0.71      Beat    6.3​
 Jun. 30 2022  0.63        0.63       0.67      Beat    6.3
 Mar. 31 2022  0.64        0.63       0.62      Missed  -2.3
 This summary was machine generated April 22 at 13:01 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)