Blackstone Mortgage Trust Q2 2024 Adj EPS $0.49 Beats $0.48 Estimate
Portfolio Pulse from Benzinga Newsdesk
Blackstone Mortgage Trust (NYSE:BXMT) reported Q2 2024 adjusted earnings per share (EPS) of $0.49, surpassing the analyst consensus estimate of $0.48 by 2.08%.
July 24, 2024 | 11:03 am
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Blackstone Mortgage Trust (NYSE:BXMT) reported Q2 2024 adjusted EPS of $0.49, beating the analyst consensus estimate of $0.48 by 2.08%.
The earnings beat, although slight, is a positive indicator for investors and may lead to a short-term increase in the stock price. Beating analyst estimates often boosts investor confidence and can result in a positive market reaction.
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