Blackstone Mortgage Trust Inc. Q4 Earnings Decline 9%

(RTTNews) - Blackstone Mortgage Trust Inc. (BXMT) released a profit for fourth quarter that fell from last year.

The company said its profit declined to $58.25 million, or $0.62 per share. This was down from $64.08 million, or $0.68 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.63 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Blackstone Mortgage Trust Inc. earnings at a glance:

-Earnings (Q4): $58.25 Mln. vs. $64.08 Mln. last year. -Earnings Decline (Y-o-Y): -9.1% -EPS (Q4): $0.62 vs. $0.68 last year. -EPS Decline (Y-o-Y): -8.8% -Analysts Estimate: $0.63