Scott Kennedy’s mREIT Earnings Series: Assessing Blackstone Mortgage’s And Annaly Capital’s Performance For Q2 2024
Summary
This earnings assessment article reviews BXMT’s and NLY’s BV and core earnings/EAD performance during Q2 2024 and compares results to my expectations. Earnings remain a key driver to stock performance.
BXMT’s BV basically matched my/our expectations (well within range) while its adjusted core earnings/EAD was a minor outperformance. However, BXMT’…