Blackstone Mortgage Trust (BXMT) Tops Q3 Earnings Estimates

Blackstone Mortgage Trust (BXMT) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 36.11%. A quarter ago, it was expected that this real estate finance company would post earnings of $0.50 per share when it actually produced earnings of $0.56, delivering a surprise of 12%.Over the last ...