Education
About Us
Working with TipRanks
Follow Us
Blackstone Secured Lending Fund (BXSL)
NYSE:BXSL
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.79Last Year’s EPS
0.89Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 8.56%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Positive
The earnings call highlights strong net investment income, a high distribution yield, and efficient cost management, alongside low non-accrual rates and successful portfolio growth. However, challenges include the potential impact of tariffs, a decrease in the weighted average yield, elevated repayments, and unrealized losses. Overall, the positive financial performance and strategic positioning outweigh the concerns related to tariffs and market volatility.Company Guidance
The Blackstone Secured Lending Fund's first quarter 2025 earnings call provided several key metrics demonstrating the company's performance and strategic positioning. The fund reported a net investment income (NII) of $0.83 per share, translating to a 12.1% annualized return on equity. Its net asset value per share remained stable at $27.39, with a distribution of $0.77 per share, representing an 11.2% annualized distribution yield. The company's credit quality was highlighted, with only 0.3% of investments on non-accrual at cost and 0.1% at fair market value, significantly below the peer average. Additionally, Blackstone issued $500 million in new debt with a 5.3% coupon, and the weighted average interest rate on drawn debt decreased to 5.01%. The fund committed over $750 million in new investments, continuing its strategy of focusing on high-quality assets with a significant portion invested in first lien senior secured loans.Strong Net Investment Income
BXSL reported a net investment income (NII) of $0.83 per share for the quarter, representing a 12.1% annualized return on equity. This NII is primarily composed of interest income.
High Distribution Yield
The distribution of $0.77 per share was covered by net investment income by 8%, representing an 11.2% annualized distribution yield, one of the highest among its traded BDC peers.
Low Non-Accruals
Credit quality remained strong with 0.3% of investments on non-accrual at cost and 0.1% at fair market value, well below the average of their traded BDC peers.
Efficient Cost Management
BXSL maintains among the lowest management fees and G&A costs as a percentage of NAV across its traded BDC peers, allowing focus on high-quality assets.
Strong Portfolio Growth
BXSL ended the quarter with $12.8 billion of investments at fair value, over a 20% increase from $10.4 billion year-over-year.
Successful Debt Issuance
BXSL issued $500 million of new debt at a coupon of 5.3%, the tightest spread compared to traded BDC peers in 2025.
BXSL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BXSL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $29.45 | $29.71 | +0.88% |
Feb 26, 2025 | $33.18 | $31.96 | -3.68% |
Nov 12, 2024 | $29.71 | $29.45 | -0.88% |
Aug 07, 2024 | $27.35 | $27.93 | +2.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Blackstone Secured Lending Fund (BXSL) report earnings?
Blackstone Secured Lending Fund (BXSL) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Blackstone Secured Lending Fund (BXSL) earnings time?
Blackstone Secured Lending Fund (BXSL) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BXSL EPS forecast?
BXSL EPS forecast for the fiscal quarter 2025 (Q2) is 0.79.