Blackstone Mortgage Trust: Q1 Earnings Insights

Blackstone Mortgage Trust BXMT reported its Q1 earnings results on Wednesday, April 27, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Blackstone Mortgage Trust missed estimated earnings by 1.59%, reporting an EPS of $0.62 versus an estimate of $0.63.

Revenue was up $24.57 million from the same period last year.

Last quarter the company beat on EPS by $0.16 which was followed by a 1.51% drop in the share price the next day.

Here's a look at Blackstone Mortgage Trust's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.62	0.62	0.60	0.59
EPS Actual	0.78	0.63	0.61	0.59
Revenue Estimate	125.77M	114.30M	111.66M	110.56M
Revenue Actual	173.94M	117.42M	113.95M	109.15M

To track all earnings releases for Blackstone Mortgage Trust visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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