Business
Add as a preferred source on GoogleBlackstone Mortgage Trust classifies Distributable EPS as a non-GAAP measure.
Blackstone Mortgage Trust reported a $327 million net loss attributable to the trust for the third quarter and Distributable EPS of $0.38, its non-GAAP per-share measure.
The $327 million loss is a quarterly total. Distributable EPS is a per-share measure that the trust classifies as non-GAAP.
Shares rose 6% in premarket trading Thursday. On a conference call, CEO Vincent Pilette said Gen Digital recorded its highest retention rate.
A $959 million pretax goodwill charge weighed on the quarter. Xerox’s board also suspended common and preferred dividends.
The SEC index records Oct. 29 as both the filing date and period-of-report date, and lists Items 2.02, 7.01 and 9.01.
