earnings
confidence high
sentiment neutral
materiality 0.50
BREIT reports preliminary same property NOI up ~13% YoY for FY2022
Blackstone Real Estate Income Trust, Inc.
2022-FY EPS reported
-$0.20
revenue$7,646,378,000
- Same property NOI midpoint increase of ~13% YoY for year ended Dec 31, 2022.
- Same property NOI attributable to BREIT stockholders estimated at $1.872B-$2.069B vs $1.743B in 2021.
- Preliminary net loss estimated at $1.038B-$1.147B, widening from $836M loss in 2021.
- Results are unaudited; Deloitte & Touche has not performed audit or review procedures.
- Company uses same property NOI as non-GAAP measure to evaluate operating performance excluding acquisitions.