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

Blackstone Mortgage Trust

26/07/2023 14:32

* Blackstone Mortgage Trust Inc  BXMT.N  reported quarterly
adjusted earnings of 79 cents​​ per share for the quarter ended
in June. The mean expectation of nine analysts for the quarter
was for earnings of 66 cents per share.
    * Revenue rose 20.6% to $177.34 million from a year ago;
analysts
expected $170.20 million. 
    * Blackstone Mortgage Trust Inc's reported EPS for the
quarter was
58 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Blackstone Mortgage Trust Inc shares had risen by 7.7%
this
quarter and gained 5.9% so far this year.
    * The company reported quarterly net income of $101.65
million.
    * Wall Street's median 12-month price target for Blackstone
Mortgage Trust Inc is $21.00 
    * 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 LSEG Refinitiv data July
26 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.66           0.79           Beat
 Mar. 31 2023      0.74           0.79           Beat
 Dec. 31 2022      0.72           0.87           Beat
 Sep. 30 2022      0.67           0.71           Beat