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Market Impact: 0.34

Blackstone Mortgage Trust (BXMT) Tops Q1 Earnings and Revenue Estimates

BXMT
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Blackstone Mortgage Trust reported quarterly EPS of $0.49, beating the Zacks consensus estimate of $0.38 by $0.11 per share, and more than doubled from $0.17 a year ago. The result indicates improved operating performance and comes in ahead of analyst expectations. The earnings beat is positive for BXMT, though the article provides no additional guidance or revenue detail.

Analysis

Blackstone Mortgage Trust reported quarterly EPS of $0.49, beating the Zacks consensus estimate of $0.38 by $0.11 per share, and more than doubled from $0.17 a year ago. The result indicates improved operating performance and comes in ahead of analyst expectations. The earnings beat is positive for BXMT, though the article provides no additional guidance or revenue detail.

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Market Sentiment

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moderately positive

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0.46

Ticker Sentiment

BXMT0.56