earnings
confidence high
sentiment negative
materiality 0.55
BREIT expects Q1 2023 same-property NOI up ~9% YoY; net loss widens to ~$657-727M
Blackstone Real Estate Income Trust, Inc.
2023-Q1 EPS reported
-$0.13
revenue$2,287,940,000
- Same-property NOI midpoint ~$966M, up ~9% from $888M in Q1 2022.
- Estimated net loss for Q1 2023 ranges $657-727M vs $97M loss a year ago.
- Preliminary, unaudited; Deloitte has not audited or reviewed data.
- Reconciliation shows large adjustments from depreciation, interest, and mark-to-market losses.