Core Viewpoint - Blackstone Inc. is expected to report quarterly earnings of $1.09 per share, reflecting a 13.5% increase year-over-year, with revenues projected at $2.77 billion, a 10.2% increase from the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised down by 0.6% in the last 30 days, indicating a reassessment by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3]. Revenue Projections - Analysts estimate 'Segment Revenues- Realized Performance Revenues' at $440.09 million, down 18.9% year-over-year [5]. - 'Segment Revenues- Realized Principal Investment Income' is projected to reach $29.68 million, up 79.1% year-over-year [5]. - 'Segment Revenues- Total Management and Advisory Fees, Net' is expected to be $1.96 billion, a 9.9% increase from the prior year [6]. - 'Segment Revenues- Base Management Fees' is forecasted at $1.86 billion, reflecting a 12.6% year-over-year increase [6]. Assets Under Management - 'Fee-Earning Assets Under Management Rollforward - Private Equity' is estimated at $232.57 billion, up from $200.49 billion year-over-year [7]. - 'Fee-Earning Assets Under Management Rollforward - Real Estate' is projected at $282.23 billion, down from $299.07 billion year-over-year [7]. - 'Fee-Earning Assets Under Management Rollforward - Credit & Insurance' is expected to reach $287.34 billion, up from $237.29 billion year-over-year [8]. - Total 'Fee-Earning Assets Under Management' is estimated at $881.15 billion, compared to $808.66 billion year-over-year [8]. Total Assets Under Management - 'Total Assets Under Management - Credit & Insurance' is forecasted at $404.07 billion, up from $330.12 billion year-over-year [9]. - 'Total Assets Under Management - Real Estate' is expected to be $323.39 billion, down from $336.10 billion year-over-year [9]. - The consensus estimate for 'Total Assets Under Management' stands at $1195.69 billion, compared to $1076.37 billion in the same quarter last year [10]. - 'Total Assets Under Management - Private Equity' is projected at $379.44 billion, up from $330.59 billion year-over-year [10]. Stock Performance - Over the past month, Blackstone Inc. shares have increased by 22.5%, outperforming the Zacks S&P 500 composite, which rose by 5.4% [10].
Unlocking Q2 Potential of Blackstone Inc. (BX): Exploring Wall Street Estimates for Key Metrics