BREIT prelim H1 2023 same property NOI up >7% YoY; net income turns positive

Blackstone Real Estate Income Trust, Inc.

2023-Q2 EPS reported $0.03 revenue$4,560,995,000

Same property NOI estimated at $1.81B-$1.91B for H1 2023 vs $1.73B in H1 2022, a >7% increase.
Preliminary net income of $2.9M-$3.2M for H1 2023, compared to net loss of $714.5M in H1 2022.
Results are preliminary, unaudited, and subject to adjustment upon completion of financial review.
Same property NOI excludes acquisitions, dispositions, and non-property items for comparability.

item 2.02

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.8

Blackstone Real Estate Income Trust, Inc. reported preliminary financial results for the six months ended June 30, 2023.

Period: the six months ended June 30, 2023
Result: preliminary results

Exact text from the filing

On July 19, 2023, Blackstone Real Estate Income Trust, Inc., a Maryland corporation (the “Company”), announced preliminary estimated unaudited same property net operating income (“NOI”) for the six months ended June 30, 2023.

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13 earnings releases filed in the last 30 days. Browse all earnings releases →

Blackstone Real Estate Income Trust, Inc. filing history →

Source: SEC EDGAR

accession 0001662972-23-000082

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