Blackstone Secured Lending Fund (BXSL) Beats Q3 Earnings and Revenue Estimates

Core Insights - Blackstone Secured Lending Fund (BXSL) reported quarterly earnings of $0.82 per share, exceeding the Zacks Consensus Estimate of $0.80 per share, but down from $0.91 per share a year ago, resulting in an earnings surprise of +2.50% [1] - The company achieved revenues of $358.56 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.07% and up from $343 million year-over-year [2] - The stock has underperformed, losing about 18% since the beginning of the year compared to the S&P 500's gain of 14.4% [3] Earnings Outlook - The future performance of Blackstone Secured Lending Fund will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.80 on revenues of $354.51 million, and for the current fiscal year, it is $3.19 on revenues of $1.41 billion [7] Industry Context - The Financial - SBIC & Commercial Industry, to which Blackstone Secured Lending Fund belongs, is currently ranked in the bottom 16% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Blackstone Secured Lending Fund may also be influenced by the overall outlook for the industry [8]