Blackstone Mortgage Trust Inc reports results for the quarter ended in December - Earnings Summary

Blackstone Mortgage Trust

08/02/2023 14:31

* Blackstone Mortgage Trust Inc  BXMT.N  reported quarterly
adjusted earnings of 87 cents​​ per share for the quarter ended
in December. The mean expectation of nine analysts for the
quarter was for earnings of 72 cents per share.
    * Revenue rose 9.9% to $191.08 million from a year ago;
analysts
expected $156.72 million. 
    * Blackstone Mortgage Trust Inc's reported EPS for the
quarter was
a loss of 28 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Blackstone Mortgage Trust Inc shares had risen by 13.7%
this
quarter.
    * The company reported a quarterly loss of $47.54 million.
    * Wall Street's median 12-month price target for Blackstone
Mortgage Trust Inc is $28.00 
    * 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." 

This summary was machine generated from Refinitiv data February
8 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.72           0.87           Beat
 Sep. 30 2022      0.67           0.71           Beat
 Jun. 30 2022      0.63           0.67           Beat
 Mar. 31 2022      0.63           0.62           Missed