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For the quarter ended December 2024, Blackstone Secured Lending Fund (BXSL) reported revenue of $353 million, up 16.1% over the same period last year. EPS came in at $0.84, compared to $0.96 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $345.58 million, representing a surprise of +2.15%. The company delivered an EPS surprise of -2.33%, with the consensus EPS estimate being $0.86.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Blackstone Secured Lending Fund performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
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Fee income: $1.75 million compared to the $0.54 million average estimate based on three analysts.
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Dividend income: $0.04 million versus $0.13 million estimated by two analysts on average.
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Interest income: $332.56 million versus the two-analyst average estimate of $320.91 million.
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Payment-in-kind interest income: $17.52 million versus the two-analyst average estimate of $20.80 million.
View all Key Company Metrics for Blackstone Secured Lending Fund here>>>
Shares of Blackstone Secured Lending Fund have returned +3% over the past month versus the Zacks S&P 500 composite's -2.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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This article originally published on Zacks Investment Research (zacks.com).