Blackstone Inc. (BX) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.94 per share a year ago.
Blackstone President and COO Jon Gray joins "Squawk Box' to discuss the company's quarterly earnings results, what to expect in Q4, state of the economy, the Fed's rate path outlook, impact of the 2024 election, state of the private credit market, and more.
The money manager reports third-quarter distributable earnings of $1.01 per share, higher than Wall Street's call for 91 cents.
Blackstone beat Wall Street's expectations on its key quarterly earnings metric on Thursday, as the world's largest alternative investment firm's assets under management (AUM) hit a record $1.1 trillion and the value of its funds rose.
Blackstone , the world's largest alternative asset manager, plans to invest 7.5 billion euros ($8.2 billion) to develop data centres in Spain's Aragon, boosting the region's growing status as a major cloud computing hub in Europe.
An increase in AUM balance and solid inflows are expected to have supported BX's Q3 earnings.
Evaluate the expected performance of Blackstone Inc. (BX) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Blackstone Inc. (BX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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BX provides an intra-quarter realization update. It estimates revenues from realization activities in excess of $300 million from the start of Q3 till Sept.
Blackstone and Italy's top insurer Generali are teaming up for a fund that will allow French retail investors to invest in private company debt, the companies said in statement on Thursday.