Earnings Call Summary | Blackstone Mortgage Trust(BXMT.US) Q1 2024 Earnings Conference
Earnings Call Summary | Blackstone Mortgage Trust(BXMT.US) Q1 2024 Earnings Conference
The following is a summary of the Blackstone Mortgage Trust, Inc. (BXMT) Q1 2024 Earnings Call Transcript:
以下是黑石抵押贷款信托公司（BXMT）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Blackstone Mortgage Trust reported a GAAP net loss of $0.71 per share for Q1 2024.
Distributable earnings and distributable earnings prior to charge-offs were reported at $0.33 and $0.55 per share respectively.
The company paid a dividend of $0.62 per share for the first quarter.
Blackstone finished Q1 2024 with close to record liquidity levels, ending the quarter at $1.7 billion.
Blackstone has seen net cash proceeds trend upwards over five consecutive quarters, with Q1 2024 showing $1 billion collected versus $353 million funding.
黑石抵押贷款信托基金报告称，2024年第一季度GAAP净亏损为每股0.71美元。
扣除前的可分配收益和可分配收益分别为每股0.33美元和0.55美元。
该公司在第一季度支付了每股0.62美元的股息。
黑石集团以接近创纪录的流动性水平结束了2024年第一季度，本季度末达到17亿美元。
黑石集团的净现金收益连续五个季度呈上升趋势，2024年第一季度收到了10亿美元，而融资额为3.53亿美元。
Business Progress:
业务进展：
Blackstone's portfolio is 92% performing, with $0.65 distributable earnings prior to charge-off covering its $0.62 dividend.
The company collected over $1 billion in repayments in Q1 2024, including a refinancing of one of their largest office loans through a CMBS transaction.
Blackstone is actively seeking to accelerate portfolio turnover to move through the credit cycle and return to core lending business.
The company continues to negotiate with borrowers and resolve impairments through sales, restructurings, and foreclosures.
Despite increased rate outlook, Blackstone remains optimistic due to downward path of interest rates, normalization of spreads across real estate lending markets, and continual market liquidity.
Blackstone has a continued focus on the long-term earnings power for future dividend considerations.
黑石集团的投资组合表现为92％，扣除前的0.65美元可分配收益涵盖了其0.62美元的股息。
该公司在2024年第一季度收到了超过10亿美元的还款，其中包括通过CMBS交易为其最大的办公贷款之一进行再融资。
黑石集团正在积极寻求加快投资组合周转率，以度过信贷周期并重返核心贷款业务。
该公司继续与借款人进行谈判，并通过销售、重组和取消抵押品赎回权来解决减值问题。
尽管利率前景有所提高，但由于利率下行、房地产贷款市场利差正常化以及持续的市场流动性，黑石集团仍然乐观。
出于未来股息考虑，黑石集团继续关注长期盈利能力。
More details: Blackstone Mortgage Trust IR
更多详情： 黑石抵押贷款信托基金 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多详情，请访问投资者关系网站。本文仅供投资者参考，不构成任何投资建议。
译文内容由第三方软件翻译。