UPDATE 2-Blackstone's first-quarter profit rises but coronavirus weighs [Reuters (UK)]
Blackstone Inc. (BX)
Last blackstone inc. earnings: 4/23 06:56 am
Check Earnings Report
US:NYSE Investor Relations:
ir.blackstone.com/investors/shareholders/default.aspx
Company Research
Source: Reuters
Blackstone's first-quarter profit rises but coronavirus weighs - Reuters 5 Min Read (Reuters) - Blackstone Group Inc ( BX.N ), the world’s largest manager of alternative assets such as private equity and real estate, reported a 4% rise in first-quarter distributable earnings on Thursday, driven by a surge in management fees, even as its funds took a hit in the coronavirus-induced downturn. Blackstone, whose shares were up 5.3% at $48.78 in early afternoon, posted a 16% rise in management and advisory fee revenue thanks to its continued fundraising. That offset a 32% drop in revenue generated from performance fees it books when it cashes out on assets. Distributable earnings (DE) rose to $557.1 million from $538 million a year earlier. This translated into DE per share of 46 cents, lower than the 50 cents that analysts estimated on average, according to data compiled by Refinitiv. Global stock markets have tumbled as stay-at-home measures to fight the coronavirus pandemic have shut d
Show less
Read more
Impact Snapshot
Event Time:
BX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BX alerts
High impacting Blackstone Inc. news events
Weekly update
A roundup of the hottest topics
BX
News
- Motel 6 and Studio 6 Launch "Motel 6Giving" Sale for Holiday and New Year Travel [Yahoo! Finance Canada]Yahoo! Finance Canada
- Motel 6 and Studio 6 Launch "Motel 6Giving" Sale for Holiday and New Year Travel [Yahoo! Finance]Yahoo! Finance
- Oaktree Eyes Private Credit Loan in Australian Advisory Purchase [Yahoo! Finance]Yahoo! Finance
- KKR-Bain Brawl Worth $4 Billion Shows Japan Private Equity Boom [Yahoo! Finance]Yahoo! Finance
- Private equity landlords’ screening process discriminated against renters, lawsuits contend [MSNBC.com]MSNBC.com
BX
Earnings
- 10/17/24 - Beat
BX
Sec Filings
- 11/15/24 - Form 4
- 11/14/24 - Form 13F-HR
- 11/13/24 - Form 8-K
- BX's page on the SEC website