earnings
confidence medium
sentiment positive
materiality 0.65
BREIT Q1 preliminary same property NOI up ~3% YoY; net loss narrows sharply
Blackstone Real Estate Income Trust, Inc.
- Preliminary estimated net loss $375.8M-$395.1M vs Q1 2025 loss of $1.84B, a significant improvement.
- Same property NOI attributable to BREIT stockholders up ~3% YoY, to $1.22B-$1.28B (midpoint ~$1.25B).
- Key non-cash adjustments include impairment of $132M-$139M and depreciation/amortization of $741M-$780M.
- Results are preliminary, subject to change upon completion of Q1 financial review; not audited.