07:14 AM EDT, 10/29/2025 (MT Newswires) -- Blackstone Mortgage Trust ( BXMT ) reported Q3 earnings Wednesday of $0.37 per share, swinging from a loss of $0.32 a year earlier.

Analysts polled by FactSet expected earnings of $0.32 per share.

Total net revenue for the quarter ended Sept. 30 was $132.7 million, compared with $112 million a year earlier.

Analysts surveyed by FactSet expected $107.1 million.

Shares of the company were up 2.5% in Wednesday's premarket activity.