Blackstone Mortgage reports Q3 EPS 39c, consensus 31c

Blackstone Mortgage (BXMT) Trust reported its third quarter 2024 results. The net loss attributable to Blackstone Mortgage Trust for the quarter was $56M. Third quarter EPS, Distributable EPS, Distributable EPS prior to charge-offs, and dividends paid per basic share were ($0.32), $0.39, $0.49, and $0.47, respectively.Katie Keenan, Chief Executive Officer, said, “The emerging real estate market recovery is driving strong momentum in BXMT’s business, with repayments, resolutions, and redeployment all accelerating. With $1.5 billion of liquidity and an expanding global pipeline, we are well positioned to capitalize on today’s attractive investment environment.”.