Blackstone Inc. (BX) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Blackstone Inc. reported a revenue of $4.15 billion for the quarter ended December 2024, marking a 63.7% increase year-over-year, with EPS at$ 1.69 compared to $1.11 in the previous year [1] - The revenue exceeded the Zacks Consensus Estimate of$ 3.79 billion by 9.60%, and the EPS also surpassed the consensus estimate of $1.48 by 14.19% [1] Financial Performance Metrics - Fee-Earning Assets Under Management totaled$ 830.71 billion, slightly below the average estimate of $842.77 billion [4] - Private Equity assets were reported at$ 212.18 billion, compared to the average estimate of $214.42 billion [4] - Real Estate assets were$ 278.92 billion, below the average estimate of $289.02 billion [4] - Credit & Insurance assets were$ 264.62 billion, slightly above the average estimate of $262.49 billion [4] Segment Revenue Performance - Realized Performance Revenues reached$ 865.08 million, exceeding the average estimate of $670.78 million, representing a 24.8% increase year-over-year [4] - Realized Principal Investment Income was reported at$ 25.61 million, compared to the average estimate of $45.68 million, reflecting a 33.4% year-over-year increase [4] - Base Management Fees totaled$ 1.77 billion, slightly below the average estimate of $1.78 billion, with a year-over-year increase of 10.4% [4] - Total Management and Advisory Fees, Net, were$ 1.86 billion, compared to the average estimate of $1.87 billion, showing a 12.4% year-over-year increase [4] - Fee Related Performance Revenues surged to$ 1.40 billion, significantly exceeding the average estimate of $1.19 billion, with a remarkable year-over-year change of 728% [4] - Credit & Insurance Base Management Fees were$ 411.84 million, below the average estimate of $425.44 million, with a year-over-year increase of 21.3% [4] - Multi-Asset Investing Realized Principal Investment Income (Loss) was reported at$ 3.04 million, compared to the average estimate of $5.73 million, reflecting a 105.1% year-over-year change [4] - Multi-Asset Investing Transaction, Advisory and Other Fees, Net, were$ 0.94 million, below the average estimate of $1.21 million, showing a 44% decrease year-over-year [4] Stock Performance - Blackstone Inc. shares returned +7.5% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]