Blackstone Mortgage Trust (BXMT) Tops Q4 Earnings Estimates

Blackstone Mortgage Trust (BXMT) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of a loss of$ 0.32 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 237.50%. A quarter ago, it was expected that this real estate finance company would post earnings of$ 0.36 per share when it actually produced earnings of $0.49, delivering a surprise of 36.11%. ...