Blackstone Secured Lending Fund (BXSL) Beats Q1 Earnings and Revenue Estimates

Core Viewpoint - Blackstone Secured Lending Fund (BXSL) reported quarterly earnings of $0.83 per share, exceeding the Zacks Consensus Estimate of $0.82, but down from $0.87 per share a year ago, indicating a mixed performance in earnings [1][2]. Financial Performance - The company achieved revenues of $357.76 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.94% and showing an increase from $303.96 million year-over-year [2]. - Over the last four quarters, Blackstone Secured Lending Fund has exceeded consensus EPS estimates two times and topped revenue estimates four times [2]. Stock Performance - Since the beginning of the year, Blackstone Secured Lending Fund shares have declined approximately 8.9%, compared to a 4.7% decline in the S&P 500 [3]. - The current consensus EPS estimate for the upcoming quarter is $0.82, with expected revenues of $357.8 million, and for the current fiscal year, the EPS estimate is $3.26 on revenues of $1.44 billion [7]. Industry Outlook - The Financial - SBIC & Commercial Industry, to which Blackstone Secured Lending Fund belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting potential challenges ahead [8]. - The performance of Blackstone Secured Lending Fund may be influenced by the overall outlook of the industry, as historical data indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8].