Blackstone Mortgage Trust Inc expected to post earnings of 72cents a share - Earnings Preview

Blackstone Mortgage Trust

06/02/2023 14:43

* Blackstone Mortgage Trust Inc  BXMT.N   BXMT.K  is
expected
to show a fall in quarterly revenue when it reports  results on
February 8. 
    * The New York City-based  company is expected to report  a
9.9% decrease in revenue to $156.717 million from $173.94
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Blackstone Mortgage
Trust
Inc is for earnings of 72 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $28​, above​ its last closing price
of $24.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Dec. 31 2021  0.63        0.62       0.78      Beat    25.4
 ​​Sep.        0.62        0.61       0.63      Beat    2.5
 30 2021                                                
 Jun. 30 2021  0.60        0.60       0.61      Beat    2.5​
 Mar. 31 2021  0.60        0.60       0.59      Missed  -0.9
 Dec. 31 2020  0.62        0.61       0.60      Missed  -2.2
 This summary was machine generated February 6 at 14:42 GMT.  All
figures in US dollars  unless otherwise stated