Blackstone (BX) Q1 Earnings Meet Estimates, AUM Increases Y/Y [Yahoo! Finance]
Blackstone Inc. (BX)
Last blackstone inc. earnings: 4/23 06:56 am
Check Earnings Report
US:NYSE Investor Relations:
ir.blackstone.com/investors/shareholders/default.aspx
Company Research
Source: Yahoo! Finance
The figure reflects a rise of 1% from the prior-year quarter. Results have benefited from a rise in segment revenues and improvement in the assets under management (AUM) balance. However, higher GAAP expenses have hurt the results to some extent. Net income attributable to Blackstone was $847.4 million compared with $85.8 million in the year-ago quarter. Segment Revenues Improve, GAAP Expenses Rise Total segment revenues were $2.55 billion, up 3% year over year. The top line outpaced the Zacks Consensus Estimate of $2.51 billion. On a GAAP basis, revenues were $3.69 billion, up significantly year over year. Total expenses (GAAP basis) were $1.79 billion, up 51% year over year. Our estimate for expenses was $1.69 billion. As of Mar 31, 2024, Blackstone had $8.4 billion in total cash, cash equivalents and corporate treasury investments, and $17.3 billion in cash and net investments. The company has a $4.3-billion undrawn credit revolver. AUM Rises Fee-earning AUM grew
Show less
Read more
Impact Snapshot
Event Time:
BX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BX alerts
High impacting Blackstone Inc. news events
Weekly update
A roundup of the hottest topics
BX
News
- Past Met Gala hosts, co-chairs: A list of every celebrity enlisted by Anna Wintour since 1995 [Business Insider]Business Insider
- Blackstone Real Estate Completes Privatization of Tricon [Yahoo! Finance]Yahoo! Finance
- Banks Rent Rivals' Balance Sheets to Skirt Capital Rules [BNN Bloomberg (Canada)]BNN Bloomberg
- Sojern Elevates Guest Experience with HotelKey [Yahoo! Finance Canada]Yahoo! Finance Canada
- Sojern Elevates Guest Experience with HotelKey [Yahoo! Finance]Yahoo! Finance
BX
Earnings
- 4/18/24 - Beat
BX
Sec Filings
- 4/18/24 - Form 8-K
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- BX's page on the SEC website