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Blackstone Mortgage Trust Swings to Q3 Net Loss, Revenue Falls
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Blackstone Mortgage Trust Swings to Q3 Net Loss, Revenue Falls
Oct 23, 2024 5:10 AM

07:58 AM EDT, 10/23/2024 (MT Newswires) -- Blackstone Mortgage Trust ( BXMT ) reported a Q3 net loss Wednesday of $0.32 per diluted share, swinging from net income of $0.17 a year earlier.

Analysts polled by Capital IQ expected earnings of $0.27.

Net revenue for the quarter ended Sept. 30 was $112 million, down from $169.9 million a year earlier.

Analysts polled by Capital IQ expected $115.5 million.

Price: 18.42, Change: -0.19, Percent Change: -1.02

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