NYSE$BXMT

Blackstone Mortgage Trust Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Blackstone Mortgage Trust reported first quarter results, highlighting the company's strength and stability amidst the unprecedented crisis.

Blackstone Mortgage Trust reported first quarter 2020 results, showcasing the strength and stability of its business with 100% performance in the loan portfolio. The company's well-structured capital base, with over $800 million in current liquidity, positions it to navigate uncertain times.

  • BXMT's first quarter results highlight the strength and stability of the business.
  • The company's focus on low leverage senior loans backed by high-quality properties in major markets has been rewarded with 100% performance in the loan portfolio to date.
  • A well-structured, diversified capital base with over $800 million of current liquidity puts the company on strong footing to navigate uncertain times.
  • Blackstone Mortgage Trust has access to unparalleled information and resources and is well positioned to maximize value for stockholders over time.

Headline financials

Total Revenue

$101M

Previous: $106M-5.1%
EPS (adj)

$0.64

Previous: $0.71-9.9%
Free Cash Flow

-$53.4M

Previous: $76.6M-169.7%
Net Income

-$53.4M

Previous: $76.6M-169.7%
Operating Income

-$53.1M

Previous: $77M-169.0%
Gross Profit

-$22.1M

Previous: $106M-120.8%
Cash & Equivalents

$355M

Previous: $79.4M+346.9%
Total Assets

$16.8B

Previous: $14.8B+13.3%

Revenue & EPS history

Blackstone Mortgage Trust · Revenue · Quarterly

$101M

Q1 2020-5.1%vs Q1 2019
Beat estimate in 1 of 16 quarters(6%)
ActualEstimate

Forward guidance

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect Blackstone Mortgage Trust’s current views with respect to, among other things, Blackstone Mortgage Trust’s operations and financial performance and potential impact of the COVID-19 pandemic.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-0.3%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+1.4%

Avg return

30 days after

52%

34 / 65 earnings

Positive

+15.3%

Q1 2020

Best reaction

-13.6%

Q2 2010

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.6%-5.4%-8.7%
Q4 2025+2.0%-0.4%-5.4%
Q3 2025+3.4%+2.3%+7.3%
Q1 2025+0.5%-0.3%-0.4%
Q4 2024+1.6%+7.4%+8.9%
Q3 2024+1.7%-0.3%+0.3%
Q2 2024-11.3%-8.2%-8.2%
Q1 2024-7.7%-6.4%-9.4%
Q4 2023+11.6%+9.5%+11.1%
Q3 2023-1.2%-1.4%+10.0%
Q2 2023+0.4%+2.5%-5.8%
Q1 2023+10.1%+5.8%+8.5%
Q4 2022-7.8%-5.2%-21.6%
Q3 2022+3.4%+4.0%+5.0%
Q2 2022+6.1%+5.6%+1.5%
Q1 2022+0.1%-3.5%+0.9%
Q4 2021+1.8%+1.8%+2.6%
Q3 2021+1.2%+2.8%-4.9%
Q2 2021+2.5%+2.2%+3.7%
Q1 2021-1.2%-2.3%-2.6%
Q4 2020-0.3%+0.9%+11.5%
Q3 2020+3.2%+7.9%+27.6%
Q2 2020+2.8%+0.7%+2.4%
Q1 2020+15.3%+14.0%+22.2%
Q4 2019+2.5%+2.8%-26.2%
Q3 2019-0.6%-1.0%-1.3%
Q2 2019-2.0%-1.0%-1.7%
Q1 2019+2.7%+3.2%+3.6%
Q4 2018-1.1%-3.0%+0.2%
Q3 2018+2.2%+0.5%+6.0%
Q2 2018+0.9%+0.6%+4.2%
Q1 2018-0.5%+0.6%+3.0%
Q4 2017+2.9%+4.4%+5.4%
Q3 2017+1.1%+0.8%+3.6%
Q2 2017-1.5%-2.0%+0.1%
Q1 2017+1.8%+0.8%+2.3%
Q4 2016-2.2%-2.6%-2.4%
Q3 2016+1.0%+0.3%-0.4%
Q2 2016+1.1%+1.3%+1.4%
Q1 2016+2.0%
Q4 2015+4.8%
Q3 2015+0.8%
Q2 2015+0.8%
Q1 2015-0.4%
Q4 2014-1.9%
Q3 2014-0.4%
Q2 2014+0.4%
Q1 2014-0.2%
Q4 2013+0.1%
Q3 2013-1.0%
Q2 2013-1.4%
Q1 2013-1.8%
Q1 2010-1.8%
Q4 2012-1.8%
Q3 2012+0.0%
Q2 2012+5.5%
Q1 2011-5.2%
Q1 2012+4.8%
Q4 2011-5.1%
Q4 2009-5.1%
Q3 2011-5.2%
Q3 2010-5.2%
Q2 2011-13.6%
Q4 2010-13.6%
Q2 2010-13.6%

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