Blackstone (BX) Tops Q2 EPS by 5c; AUM Reached Record High

Blackstone (NYSE: BX) reported Q2 EPS of $0.44, $0.05 better than the analyst estimate of $0.39. Revenue for the quarter came in at $1.17 billion versus the consensus estimate of $1.11 billion.

Total Assets Under Management (“AUM”) reached a record $356.3 billion through a combination of strong fundraising and organic expansion.

• Gross inflows were $21.2 billion in the quarter, bringing the last twelve months (“LTM”) inflows to $70.0 billion.
• Total AUM increased 7% year-over-year and Fee-Earning AUM was up 11% to $266.0 billion.

For earnings history and earnings-related data on Blackstone (BX) click here.

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