Blackstone Inc. (BX) Q1 Earnings and Revenues Surpass Estimates

Group 1 - Blackstone Inc. reported quarterly earnings of $1.09 per share, exceeding the Zacks Consensus Estimate of$ 1.04 per share, and up from $0.98 per share a year ago, representing an earnings surprise of 4.81% [1] - The company posted revenues of$ 2.76 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 5.62%, compared to year-ago revenues of $2.55 billion [2] - Blackstone Inc. has surpassed consensus EPS estimates three times over the last four quarters and topped consensus revenue estimates four times during the same period [2] Group 2 - The stock has underperformed, losing about 25% since the beginning of the year, while the S&P 500 has declined by 10.3% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is$ 1.19 on revenues of $2.9 billion, and for the current fiscal year, it is$ 5.13 on revenues of $12.39 billion [7] Group 3 - The Zacks Industry Rank places Financial - Miscellaneous Services in the top 31% of over 250 Zacks industries, indicating that the industry outlook can significantly impact stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]