Here is the revised earnings report for Blackstone Secured Lending Fund:

authorIntellectia.AI Updated: 1970-01-01
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BXSL.N
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Here is the revised earnings report for Blackstone Secured Lending Fund: --- **Blackstone Secured Lending Fund Reports Second Quarter Financial Results for 2024** **Overview**: Blackstone Secured Lending Fund (BXSL) reported its financial results for the second quarter ending June 30, 2024. **Key Financial Metrics:** | Metric | Q2 2024 | Q1 2024 | Q2 2023 | YoY Change | QoQ Change | Consensus Estimate | |--------------------------------------------|------------------|-----------------|-----------------|------------|------------|-----------------------| | Total Revenue | $327.1 million | $303.9 million | $290.4 million | +12.6% | +7.7% | $316.87 million | | Earnings Per Share (EPS) | $0.90 | $0.85 | $0.82 | +9.8% | +5.9% | $0.90 | **Interpretation**: Blackstone Secured Lending Fund's financial performance for Q2 2024 was robust with a 12.6% year-over-year increase in total revenue, driven primarily by growth in average investments at fair value. Earnings per share matched the Wall Street consensus estimate at $0.90, demonstrating stable profitability and financial health. **Revenue Performance Across Major Segments**: | Segment | Q2 2024 Revenue | Q2 2023 Revenue | YoY Change | |-------------------------------|-----------------|-----------------|------------| | Interest Income | $327.1 million | $290.4 million | +12.6% | **Interpretation**: The primary revenue stream for BXSL continued to be interest income, which grew 12.6% year-over-year. **Dividends and Share Repurchase Program**: Blackstone Secured Lending Fund declared a quarterly dividend of $0.77 per share, payable on October 25, 2024, to shareholders of record as of September 30, 2024. **Stock Price Movement**: Following the earnings release, the company's stock experienced a 2.33% increase. --- This article provides a comprehensive summary of BXSL's earnings release for the requested quarter. Since some elements like key operational data, comments from company's officers, and forward guidance were not provided in the original earnings release, those sections were omitted.