Blackstone Mortgage Trust's (NYSE: BXMT) third quarter financial results release is scheduled for Wednesday 23rd October 2024, before the market opens. Investors and analysts will be able to assess the company's performance during the quarter.
The latest projections from financial analysts on Wall Street suggest that the organization is likely to reveal an estimated $0.31 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $115.42 million for the period.
During the same quarter of the previous year, the company made public its income of $0.78 per share, which were derived from a quarterly revenue of $165.37 million.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $499.17 million. Furthermore, they are predicting profit of $1.42 per share for the full year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.49 | -38.0% | 126.77 M | -28.5% |
| Q1 2024 | $0.33 | -58.2% | 142.39 M | -18.3% |
| Q4 2023 | $0.69 | -20.7% | 153.77 M | -19.5% |
| Q3 2023 | $0.78 | +9.9% | 165.37 M | +5.9% |
| Q2 2023 | $0.79 | +17.9% | 177.34 M | +20.6% |
| *Growth on year-over-year basis | ||||
BXMT will host a conference call with investment community on 23rd October 2024 at 09:00 AM eastern time to discuss the financial results.
The trading day saw Blackstone Mortgage Trust (BXMT) shares trading between $18.46 and $19.00, besides a volume of 2.18 million shares. The stock closed Monday's regular trading session at $18.66, marking 1.89 percent decline.
