Blackstone Mortgage reports Q1 distributable EPS 49c, consensus 35c

Reports Q1 revenue $159.415M, consensus $88.42M. Tim Johnson, Chief Executive Officer said, “BXMT‘s first quarter results clearly demonstrate the breadth of our platform as we captured differentiated investments across diversified strategies and markets and completed over $2 billion in corporate and securitized debt financings. These initiatives on both sides of the balance sheet are driving strong earnings power and long-term shareholder value.”