Blackstone Inc. (BX) Tops Q3 Earnings and Revenue Estimates

Core Insights - Blackstone Inc. reported quarterly earnings of $1.52 per share, exceeding the Zacks Consensus Estimate of $1.21 per share, and showing a year-over-year increase from $1.01 per share [1] - The company achieved revenues of $3.3 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 7.62% and up from $2.43 billion a year ago [2] - Blackstone has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Performance - The earnings surprise for the recent quarter was +25.62%, following a previous surprise of +9.01% [1][2] - The current consensus EPS estimate for the upcoming quarter is $1.50, with projected revenues of $3.73 billion, and for the current fiscal year, the EPS estimate is $5.01 on revenues of $12.58 billion [7] Market Position - Blackstone shares have underperformed the market, losing about 6.2% since the beginning of the year, while the S&P 500 has gained 13.9% [3] - The company's Zacks Rank is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Outlook - The Financial - Miscellaneous Services industry, to which Blackstone belongs, is currently in the top 34% of Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]