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Blackstone Group (BX)
NYSE:BX
Earnings Data
Report Date
Apr 17, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.06Last Year’s EPS
0.98Same Quarter Last Year
Moderate Buy
Based on 18 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 17, 2025
|% Change Since: 2.69%
|Next Earnings Date:Jul 17, 2025
Earnings Call Sentiment|Positive
The earnings call highlights Blackstone's record asset management growth, strong performance in private credit, and significant fundraising successes, signaling robust business performance. However, concerns about market uncertainty and the impact of tariffs are noted as potential challenges. Overall, the positives significantly outweigh the negatives.Company Guidance
During the Blackstone First Quarter 2025 Investor Call, significant metrics were highlighted, reflecting robust financial performance despite a challenging market environment. GAAP net income for the quarter was reported at $1.2 billion, with distributable earnings reaching $1.4 billion or $1.09 per common share. The firm declared a dividend of $0.93 per common share, payable to holders of record as of April 28. Fee-related earnings increased by 9%, while assets under management grew by 10% year-over-year to a record $1.2 trillion, supported by $62 billion of inflows in Q1. The firm's private credit business also expanded, with $465 billion under management and $113 billion of inflows over the last 12 months. Blackstone's insurance AUM grew 18% year-over-year to $237 billion. The firm's infrastructure platform saw a 36% increase in AUM, reaching $60 billion, while multi-asset investing business AUM rose by 12% to $88 billion. The call emphasized Blackstone's strategic initiatives, including a new alliance with Wellington and Vanguard to develop public-private investment solutions, and the upcoming launch of a new perpetual flagship, BMACX, on May 1. Despite market volatility, Blackstone remains well-positioned with $177 billion of dry powder and a strong focus on long-term growth and innovation.Record High Asset Under Management
Blackstone reported a new record of nearly $1.2 trillion in assets under management, up 10% year-over-year.
Strong Performance in Private Credit
Blackstone's private credit business grew to $465 billion, up more than 2.5-fold in the past 4 years, with $113 billion in inflows over the last 12 months.
Significant Fundraising Success
Blackstone raised $62 billion of inflows in Q1, the highest level in 3 years, and approximately $200 billion over the last 12 months.
New Strategic Alliance
Blackstone announced a strategic alliance with Wellington and Vanguard to develop integrated public-private investment solutions.
Strong Fee-Related Earnings
Fee-related earnings grew 9% and management fees increased 11% to a record $1.9 billion in Q1.
Innovative Growth in Private Wealth
Blackstone raised $11 billion in the private wealth channel in Q1, up nearly 40% year-over-year to the highest level in nearly 3 years.
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BX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 17, 2025 | $129.38 | $130.39 | +0.78% |
| Jan 30, 2025 | $183.81 | $176.28 | -4.10% |
| Oct 17, 2024 | $157.55 | $167.43 | +6.27% |
| Jul 18, 2024 | $132.25 | $133.78 | +1.16% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Blackstone Group (BX) report earnings?
Blackstone Group (BX) is schdueled to report earning on Apr 17, 2025, TBA Not Confirmed.
What is Blackstone Group (BX) earnings time?
Blackstone Group (BX) earnings time is at Apr 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BX EPS forecast?
BX EPS forecast for the fiscal quarter 2025 (Q1) is 1.06.
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