NYSE - Nasdaq Real Time Price USD

Blackstone Inc. (BX)

118.40

-1.92

(-1.60%)

At close: 4:00 PM EDT

118.74

+0.34

(+0.29%)

After hours: 6:44 PM EDT

Blackstone Sells $1.1 Billion of Private Equity Fund Stakes to Ares

(Bloomberg) -- Blackstone Inc.’s Strategic Partners unit sold a $1.1 billion portfolio of private equity fund interests to Ares Management Corp.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to Them‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranThe portfolio consists of older fund stakes that Strategic Part

Bloomberg 5 hours ago

BX
-1.60%
ARES
Blackstone Inc. (NYSE:BX) Q1 2024 Earnings Call Transcript

Blackstone Inc. (NYSE:BX) Q1 2024 Earnings Call Transcript April 18, 2024 Blackstone Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day. And welcome to the Blackstone First Quarter 2024 Investor Call. Today’s conference is being recorded. At this […]

Insider Monkey 7 hours ago

BX
-1.60%
Blackstone First Quarter 2024 Earnings: EPS: US$1.12 (vs US$0.12 in 1Q 2023)

Blackstone ( NYSE:BX ) First Quarter 2024 Results Key Financial Results Revenue: US$3.58b (up 177% from 1Q 2023). Net...

Simply Wall St. 11 hours ago

BX
-1.60%
Blackstone (BX) Q1 Earnings Meet Estimates, AUM Balance Up

Blackstone's (BX) Q1 earnings meet estimates. The company reports a rise in AUM balance, which, along with a slight turnaround in the operating backdrop, supports top-line growth.

Zacks 12 hours ago

BX
-1.60%
UPDATE 2-Blackstone nears deal to sell S.Korean pharma wholesaler to MBK Partners, sources say

Private equity firm Blackstone Inc is nearing a deal to sell its controlling stake in South Korean wholesale drug distributor Geo-Young to North Asian buyout fund MBK Partners for over $1 billion, three sources said. Blackstone is in final negotiations with Seoul-headquartered MBK about the sale and signing of the deal could happen soon, said one of the sources, who all declined to be named as the information is confidential.

Reuters 14 hours ago

BX
-1.60%
Heard on the Street Thursday Recap: Heavy Briefcases

Pension-fund managers are locking in equity gains and shifting money into other types of investments, such as bonds. In a world of high yields, it is hard to blame them. The nation’s largest public pension, the California Public Employees’ Retirement System, plans to move nearly $25 billion out of equities and into private equity and private debt.

The Wall Street Journal 15 hours ago

TSM

TSMWF

^GSPC
Blackstone Inc (BX) (Q1 2024) Earnings Call Transcript Highlights: Robust Performance and ...

Discover key insights from Blackstone's Q1 2024 earnings, including significant income gains, strategic investments, and future growth initiatives.

GuruFocus.com 15 hours ago

BX
-1.60%
Q1 2024 Blackstone Inc Earnings Call

Q1 2024 Blackstone Inc Earnings Call

Thomson Reuters StreetEvents 17 hours ago

BX
-1.60%
Blackstone Earnings Rise as Value of Investments Climbs

Blackstone (BX) reported higher quarterly earnings, as the value of investments rose across its major strategies. Blackstone’s private-wealth business had its highest inflows since 2022, raking in $8 billion as resurgent public markets gave investors the renewed confidence and wherewithal to invest in private markets. Blackstone stock was down about 3% in recent trading after President Jonathan Gray told analysts on a conference call that it could take time for distributable earnings to come out of "hibernation."

The Wall Street Journal yesterday

BX
-1.60%
Heard on the Street: Heavy Briefcases at Blackstone Are Good Signs for Deal Activity

Back in the 1990s, a popular game on Wall Street and cable news was to monitor the size and heft of Alan Greenspan’s suitcase on his way into rate-setting meetings at the Federal Reserve. A packed briefcase, the thinking went, portended a possible rate hike as it suggested the Fed Chair was coming armed with materials to make the case. On Thursday, Blackstone President Jonathan Gray resurrected this prognosticating tool, albeit for a different purpose: forecasting more deployments of capital by the alternative asset manager.

The Wall Street Journal yesterday

BX
-1.60%
Data centers power Blackstone’s real estate growth

Blackstone Group's Steve Schwarzman (Illustration by Kevin Cifuentes for The Real Deal with Getty Images)Data centers are Blackstone’s new warehouses. So-called “digital infrastructure” led earnings in the private equity company’s real estate group in the first quarter. “Just as we recognized the rise of e-commerce nearly 15 years ago and started buying warehouses, we anticipated the paradigm shift around the […]The post Data centers power Blackstone’s real estate growth appeared first on The Re

The Real Deal yesterday

BX
-1.60%
Blackstone Credit and Retail Lines Drive Narrow Profit Beat

(Bloomberg) -- Blackstone Inc. collected more fees from big retail funds and credit strategies during the first quarter, compensating for the slower pace of deal exits. Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackSingapore Loses ‘World’s Best Airport’ Crown to QatarRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsDistributable earnings increased 1% from a year

Bloomberg yesterday

BX
-1.60%
Compared to Estimates, Blackstone Inc. (BX) Q1 Earnings: A Look at Key Metrics

Although the revenue and EPS for Blackstone Inc. (BX) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Zacks yesterday

BX
-1.60%
Blackstone (BX) Q1 Earnings Meet Estimates, AUM Increases Y/Y

Blackstone (BX) records a y/y rise in segment revenues in the first quarter of 2024.

Zacks yesterday

BX
-1.60%
Blackstone Inc. (BX) Q1 Earnings Meet Estimates

Blackstone Inc. (BX) delivered earnings and revenue surprises of 0% and 1.73%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks yesterday

BX
-1.60%
IFS
Blackstone Posts Slight Earnings Beat, Raises $34 Billion in First Quarter

Blackstone delivered higher-than-expected first-quarter earnings as the world’s biggest alternative asset manager raked in money from its credit strategies. Blackstone on Thursday posted first-quarter distributable earnings, a measure of the amount of cash available to pay dividends, of $1.27 billion, or 98 cents a share, higher than 97 cents a share a year earlier and analysts’ estimates of 97 cents. Despite the rather volatile public markets, Blackstone raised $34 billion in the first quarter, taking its total assets under management to $1.06 trillion, up from $991 billion a year earlier.

Barrons.com yesterday

BX
-1.60%
Netflix earnings, Fed comments, housing data: What to Watch

Many companies will release their latest earnings, including Taiwan Semiconductor Manufacturing Company (TSM), Netflix (NFLX), D.R. Horton (DHI.MX), and Nokia (NOK). Multiple leaders from the Federal Reserve will speak on Thursday, including Fed Governor Michelle Bowman, New York Fed President John Williams, and Atlanta Fed President Raphael Bostic. Housing data in the form of existing home sales for the month of March will be released early on Thursday morning. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino.

Yahoo Finance Video 2 days ago

DHI

NFLX

BX
-1.60%
What's in the Cards for Blackstone (BX) in Q1 Earnings?

Blackstone (BX) is expected to have recorded a y/y increase in the AUM balance in the first quarter of 2024, driven by inflows.

Zacks 2 days ago

BX
-1.60%
BlackRock’s Aggressive Hunt for Growth in Saudi Arabia

(Bloomberg Markets) -- What’s worth your time when you’ve already built the world’s largest asset management company?Most Read from BloombergUS Yields Spike as Hawkish Powell Puts 5% in Play: Markets WrapDubai Grinds to Standstill as Cloud Seeding Worsens FloodingChina Tells Iran Cooperation Will Last After Attack on IsraelBeyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROIPowell Signals Rate-Cut Delay After Run of Inflation SurprisesFor Larry Fink, chief executive of

Bloomberg 3 days ago

BLK
+0.36%
BX
-1.60%
Why Earnings Season Could Be Great for Blackstone Group (BX)

Blackstone Group (BX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Zacks 3 days ago

BX
-1.60%

Performance Overview

Return	BX	S&P 500
YTD	-8.87%	+4.14%
1-Year	+33.80%	+19.55%
3-Year	+66.86%	+18.68%

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Blackstone Inc. (BX)

Blackstone Sells $1.1 Billion of Private Equity Fund Stakes to Ares

Blackstone Inc. (NYSE:BX) Q1 2024 Earnings Call Transcript

Blackstone First Quarter 2024 Earnings: EPS: US$1.12 (vs US$0.12 in 1Q 2023)

Blackstone (BX) Q1 Earnings Meet Estimates, AUM Balance Up

UPDATE 2-Blackstone nears deal to sell S.Korean pharma wholesaler to MBK Partners, sources say

Heard on the Street Thursday Recap: Heavy Briefcases

Blackstone Inc (BX) (Q1 2024) Earnings Call Transcript Highlights: Robust Performance and ...

Q1 2024 Blackstone Inc Earnings Call

Blackstone Earnings Rise as Value of Investments Climbs

Heard on the Street: Heavy Briefcases at Blackstone Are Good Signs for Deal Activity

Data centers power Blackstone’s real estate growth

Blackstone Credit and Retail Lines Drive Narrow Profit Beat

Compared to Estimates, Blackstone Inc. (BX) Q1 Earnings: A Look at Key Metrics

Blackstone (BX) Q1 Earnings Meet Estimates, AUM Increases Y/Y

Blackstone Inc. (BX) Q1 Earnings Meet Estimates

Blackstone Posts Slight Earnings Beat, Raises $34 Billion in First Quarter

Netflix earnings, Fed comments, housing data: What to Watch

What's in the Cards for Blackstone (BX) in Q1 Earnings?

BlackRock’s Aggressive Hunt for Growth in Saudi Arabia

Why Earnings Season Could Be Great for Blackstone Group (BX)

Performance Overview