Blackstone (BX) Misses Q4 EPS by 9c; AUM at $336.4B
Blackstone (NYSE: BX) reported Q4 economic net income of $0.37 per share, versus the analyst estimate of $0.46. Revenue for the quarter came in at $877.2 billion versus the consensus estimate of $1.19 billion.
Distributable Earnings (“DE”) was $878 million ($0.72/unit) in the fourth quarter, on $708 million of Realized Performance Fees
Total Assets Under Management (“AUM”) reached a record $336.4 billion through a combination of strong fundraising and organic expansion.
- Gross inflows were $15.5 billion in the fourth quarter, bringing full year inflows to $93.6 billion.
- Total AUM increased 16% year-over-year, despite returning $55.4 billion of capital to investors as asset growth and above-market appreciation outpaced increased realizations
For earnings history and earnings-related data on Blackstone (BX) click here.
