Blackstone Mortgage Trust (BXMT) Misses Q4 EPS by 4c

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Blackstone Mortgage Trust Reports Fourth Quarter and Full Year 2018 Results

February 12, 2019 4:16 PM EST

NEW YORK, Feb. 12, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its fourth quarter and full year 2018 results. Net income for the fourth quarter was $74 million, or $0.61 per share, and for the full year was $285 million, or $2.50 per share.

Stephen D. Plavin, Chief Executive Officer, said, "A strong fourth quarter capped an extraordinary year for BXMT. We grew the portfolio to a record $15.8 billion with $10.7 billion of originations during the year, and generated $2.90 of Core Earnings per share as our pure-play, senior mortgage business continued to deliver great... More