Blackstone (BX) Tops Q4 EPS by 12c, Misses on Revenue
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Blackstone (BX) rises as earnings tops consensus estimates
January 25, 2024 9:04 AM ESTBlackstone (NYSE: BX) shares rose in early Thursday trading after reporting fourth-quarter earnings, topping consensus profit expectations.
The company reported Q4 EPS of $1.11, $0.12 better than the analyst estimate of $0.99. Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $2.57 billion. Blackstone's distributable earnings increased by 4% year-on-year.
Shares of the company are currently up around 2% premarket at just below $123 per share.
Inflows were $52.7 billion in the quarter, bringing full-year inflows to $148.5 billion, while total assets under management rose by 7% to $1.04... More
