Blackstone Mortgage reports Q4 distributable EPS 51c, consensus 27c

Reports Q4 revenue $159.32M, consensus $104.93M. Reports Q4 book value per share of $20.75. Tim Johnson, Chief Executive Officer said, “BXMT‘s strong fourth quarter results demonstrate continued positive momentum, with robust capital deployment across diversified investments, improved credit performance, and balance sheet optimization driving earnings power and dividend coverage. We believe the global scale of our platform continues to uniquely position BXMT to capture attractive opportunities and deliver for our investors.”