Blackstone Mortgage reports Q3 EPS 78c, consensus 69c

Blackstone Mortgage reported its third quarter 2023 results. Net income attributable to Blackstone Mortgage Trust for the third quarter was $30M. Third quarter EPS, Distributable EPS, and dividends paid per basic share were 17c, 78c, and 62c, respectively. Katie Keenan, Chief Executive Officer, said, “BXMT continues to deliver for its shareholders, generating strong earnings amidst a challenging backdrop and supporting our attractive and consistent dividend. We believe the steps we have taken to proactively manage the portfolio and our balance sheet position us well to navigate volatility and capitalize on an opportunistic environment ahead.”