Blackstone Group ( (BX) ) has shared an update.
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Blackstone announced a preliminary estimate of over $775 million in revenue from realization activities for October 1 to December 23, 2024, mainly from Realized Performance Revenues. The estimate highlights significant realization activity but does not predict total revenues for the entire fourth quarter, indicating potential variability in financial results and implications for stakeholders.
More about Blackstone Group
Blackstone is the world’s largest alternative asset manager, with over $1.1 trillion in assets under management. The company’s investment strategies are globally focused on areas such as real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries, and hedge funds, aimed at delivering compelling returns for institutional and individual investors.
YTD Price Performance: 33.83%
Average Trading Volume: 3,348,647
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $207.2B
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