Blackstone Mortgage reports Q4 distributable EPS ($1.25), consensus (87c)

Reports Q4 book value per share $21.87. Katie Keenan, CEO, said, “This quarter marked a meaningful positive inflection point for BXMT, with loan resolutions and accelerating capital deployment establishing a foundation for growth in 2025. With over $2 billion of loans closed or in closing, global scale, and a strong balance sheet, BXMT is well-positioned to capture attractive relative value across an expanding pipeline of real estate credit opportunities.”