Q2 FY2026 EarningsQ2 FY26 results presented a mixed performance against consensus, characterized by a top-line beat but significant bottom-line misses driven by elevated credit reserves. Revenue reached $158.1M, exceeding the $91.6M estimate, largely due to a surge in real estate revenue. However, GAAP EPS was -$0.48 vs. $0.24 expected, following a $134.4M increase in CECL reserves. Book value per share (BPS) declined to $19.31, falling short of the $20.27 consensus as loan impairments, particularly in the office sector, continued to pressure the balance sheet.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Blackstone MortgageTrust(BXMT) the Revenue is 82.57 M (-12.91%), Miss estimate;the EBIT is 47.06 M (+186.1%), Miss estimate;the EPS is -0.48 (-1300%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.08B12.91%
0.09B3.39%
-0.01B9.52%
EBITMiss expectations
0.05B186.07%
0.05B187.36%
-0.00B1.29%
EPSMiss expectations
-0.481300.00%
0.2417504.18%
-0.72171,804.18%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf