Scott Kennedy’s BDC + mREIT Earnings Series: Blackstone Secured Lending’s And Chimera Investment’s Performance For Q2 2024
Summary
This earnings assessment article reviews BXSL’s and CIM’s NAV/BV and adjust NII/core earnings/EAD performance during Q2 2024 and compares results to expectations. Earnings remain a driver to stock performance.
BXSL’s NAV largely matched my/our expectations (well within range; minor increase) while its adjusted NII was a very minor outperformance (…