earnings
confidence high
sentiment positive
materiality 0.75
BREIT expects 9-mo same property NOI up >6% YoY; net income turns positive
Blackstone Real Estate Income Trust, Inc.
2023-Q3 EPS reported
$0.16
revenue$6,748,228,000
- Preliminary same property NOI for 9M 2023 expected to increase more than 6% vs prior year.
- Net income estimated at $510M-$564M vs a $370M loss in the same period of 2022.
- Same property NOI attributable to BREIT stockholders: $2.53B-$2.66B versus $2.44B.
- Results are preliminary and unaudited; final figures may differ materially.