BX Stock Recent News

Blackstone's (BX) Q1 earnings meet estimates. The company reports a rise in AUM balance, which, along with a slight turnaround in the operating backdrop, supports top-line growth.

Private equity firm Blackstone Inc is nearing a deal to sell its controlling stake in South Korean wholesale drug distributor Geo-Young to North Asian buyout fund MBK Partners for over $1 billion, three sources said.

Jon Gray, Blackstone president and COO, joins 'Squawk Box' to discuss the company's quarterly earnings results, growth outlook, state of private credit, commercial real estate and real estate market at large, impact of elevated interest rates, the Fed's rate path outlook, and more.

Blackstone Inc. (NYSE:BX ) Q1 2024 Results Conference Call April 18, 2024 9:00 AM ET Company Participants Weston Tucker - Head of Shareholder Relations Steve Schwarzman - Chairman and CEO Jon Gray - President and Chief Operating Officer Michael Chae - Chief Financial Officer Conference Call Participants Michael Cyprys - Morgan Stanley Craig Siegenthaler - Bank of America Alex Blostein - Goldman Sachs Dan Fannon - Jefferies Glenn Schorr - Evercore ISI Crispin Love - Piper Sandler Brian Bedell - Deutsche Bank Ken Worthington - JPMorgan Ben Budish - Barclays Steve Chubak - Wolfe Research Brennan Hawken - UBS Bill Katz - TD Cowen Brian McKenna - Citizens JMP Patrick Davitt - Autonomous Research Operator Good day. And welcome to the Blackstone First Quarter 2024 Investor Call.

Although the revenue and EPS for Blackstone Inc. (BX) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Blackstone (BX) records a y/y rise in segment revenues in the first quarter of 2024.

Jon Gray, Blackstone president and COO, joins 'Squawk Box' to discuss the company's quarterly earnings results, growth outlook, state of private credit, real estate market, impact of elevated interest rates, the Fed's rate path outlook, and more.

Blackstone Inc. (BX) came out with quarterly earnings of $0.98 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.97 per share a year ago.

Total assets under management rise to $1.06 trillion in the first quarter at Blackstone.

Blackstone is one of the most sophisticated real estate investment firms in the world. And they are aggressively buying REITs. I explain why and what this means for REIT investors.