Apr 18, 11:05 AM

Blackstone (BX) Q1 2024 Earnings Beat Estimates; Revenue Surges, Market Cap: 144.53B

Blackstone (BX) reported its Q1 2024 earnings with an EPS of $0.98, exceeding the estimated $0.96. Revenue stood at $3.69 billion, surpassing the expected $2.56 billion. Despite a slight decrease in share price post-market, the company's total assets under management (AUM) were $1.06 trillion, with total segment revenue at $2.55 billion and inflows of $34.04 billion. Blackstone also announced a dividend of 83 cents per share, down from 94 cents per share.

#Blackstone

Written with ChatGPT (GPT-3).

Sources

Open Outcrier@OpenOutcrier
2 years ago
$BX (-1.4% pre) Blackstone Earnings Rise as Value of Investments Climbs - WSJ https://t.co/LQWP3HSgDp
Mukund Mohan@mukund
2 years ago
$BX Blackstone — The asset manager slipped 2.2% after lowering its dividend to 83 cents per share from 94 cents per share. Meanwhile, earnings in the first quarter came in at 98 cents per share, slightly higher than consensus estimates of 96 cents
North Bluff Capital@bluff_capital
2 years ago
$BX Blackstone beats, dividend this quarter 83c. -2% pm https://t.co/fr965hPnre

Blackstone (BX) Q1 2024 Earnings Beat Estimates; Revenue Surges, Market Cap: 144.53B

Sources

Additional media

Similar Stories