Compared to Estimates, Blackstone Inc. (BX) Q3 Earnings: A Look at Key Metrics

Core Insights - Blackstone Inc. reported a revenue of $3.3 billion for the quarter ended September 2025, reflecting a year-over-year increase of 35.7% and surpassing the Zacks Consensus Estimate by 7.62% [1] - The earnings per share (EPS) for the quarter was $1.52, which is a significant increase from $1.01 in the same quarter last year, resulting in an EPS surprise of 25.62% compared to the consensus estimate of $1.21 [1] Financial Performance Metrics - Fee-Earning Assets Under Management (AUM) for Private Equity stood at $235.00 billion, below the average estimate of $241.97 billion [4] - Fee-Earning AUM for Real Estate was reported at $282.58 billion, also below the average estimate of $290.07 billion [4] - Fee-Earning AUM for Hedge Fund Solutions was $83.45 billion, slightly above the average estimate of $81.75 billion [4] - Fee-Earning AUM for Credit & Insurance reached $305.19 billion, slightly above the average estimate of $303.61 billion [4] Segment Revenue Performance - Multi-Asset Investing realized principal investment income was $0.69 million, significantly lower than the average estimate of $4.32 million, representing a year-over-year decline of 3.4% [4] - Realized principal investment income for the segment was $62.54 million, exceeding the average estimate of $52.51 million, marking a year-over-year increase of 54.8% [4] - Realized performance revenues for Multi-Asset Investing were $744.95 million, surpassing the average estimate of $587.14 million, with a year-over-year increase of 117.4% [4] - Private Equity realized performance revenues were $559.38 million, significantly above the average estimate of $411.18 million, reflecting a year-over-year increase of 158.2% [4] - Real Estate realized performance revenues reached $132.79 million, exceeding the average estimate of $101.97 million, with a year-over-year increase of 70.2% [4] - Credit & Insurance fee-related performance revenues were $201.72 million, slightly below the average estimate of $207.27 million, with a year-over-year increase of 8.6% [4] - Realized performance revenues for Credit & Insurance were $40.12 million, below the average estimate of $63.9 million, representing a year-over-year decline of 6.5% [4] - Real Estate fee-related performance revenues were reported at $124.65 million, exceeding the average estimate of $113.38 million, with a year-over-year increase of 72.1% [4] Stock Performance - Over the past month, Blackstone Inc. shares have returned -9.2%, contrasting with the Zacks S&P 500 composite's +0.2% 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]