Core Viewpoint - Analysts forecast that Blackstone Inc. (BX) will report quarterly earnings of 2.81 billion, showing a 10.1% increase compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised 6.1% lower over the last 30 days, indicating a reevaluation of initial estimates by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Segment Revenues- Base Management Fees' to be 1.89 billion, reflecting a 10.5% year-over-year increase [5]. - 'Segment Revenues- Fee Related Performance Revenues' is projected at 628.05 million, showing a 17.1% increase from the previous year [6]. Assets Under Management - The consensus estimate for 'Fee-Earning Assets Under Management Rollforward - Private Equity' is 170.6 billion in the same quarter last year [7]. - 'Fee-Earning Assets Under Management Rollforward - Real Estate' is projected at 301.58 billion year-over-year [7]. - 'Fee-Earning Assets Under Management Rollforward - Hedge Fund Solutions' is expected to reach 73.38 billion last year [8]. - 'Fee-Earning Assets Under Management Rollforward - Credit & Insurance' is estimated at 235.83 billion year-over-year [8]. - The average prediction for 'Fee-Earning Assets Under Management' is 781.4 billion last year [9]. - 'Total Assets Under Management - Hedge Fund Solutions' is expected to be 82.29 billion year-over-year [9]. - 'Total Assets Under Management - Credit & Insurance' is projected at 329.64 billion last year [9]. - 'Total Assets Under Management - Real Estate' is estimated to be 339.33 billion year-over-year [10]. Stock Performance - Shares of Blackstone Inc. have decreased by 9.7% in the past month, contrasting with a 3.6% decline in the Zacks S&P 500 composite [11].
Gear Up for Blackstone Inc. (BX) Q1 Earnings: Wall Street Estimates for Key Metrics