Blackstone Secured Lending Fund (BXSL) Q2 Earnings and Revenues Lag Estimates

Core Insights - Blackstone Secured Lending Fund (BXSL) reported quarterly earnings of $0.77 per share, missing the Zacks Consensus Estimate of $0.81 per share, and down from $0.89 per share a year ago, representing an earnings surprise of -4.94% [1] - The company posted revenues of $344.8 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 2.61%, but up from $327.06 million year-over-year [2] - The stock has underperformed the market, losing about 3.6% since the beginning of the year compared to the S&P 500's gain of 7.1% [3] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $0.82 on revenues of $359.73 million, and for the current fiscal year, it is $3.25 on revenues of $1.43 billion [7] - The estimate revisions trend for Blackstone Secured Lending Fund was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Financial - SBIC & Commercial Industry, to which Blackstone Secured Lending Fund belongs, is currently in the top 41% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]