Back to top

Image: Bigstock

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

Read MoreHide Full Article

Blackstone Inc. (BX - Free Report) reported $3.22 billion in revenue for the quarter ended September 2026, representing a year-over-year decline of 2.6%. EPS of $1.32 for the same period compares to $1.52 a year ago.

The reported revenue represents a surprise of +3.03% over the Zacks Consensus Estimate of $3.12 billion. With the consensus EPS estimate being $1.26, the EPS surprise was +4.76%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Blackstone Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Fee-Earning Assets Under Management Rollforward - Private Equity: $286.31 billion versus the four-analyst average estimate of $275.29 billion.
  • Fee-Earning Assets Under Management Rollforward - Real Estate: $277.82 billion compared to the $278.84 billion average estimate based on four analysts.
  • Fee-Earning Assets Under Management Rollforward - Hedge Fund Solutions (Multi-Asset Investing): $103.42 billion versus the four-analyst average estimate of $101.26 billion.
  • Fee-Earning Assets Under Management Rollforward - Credit & Insurance: $322.11 billion versus the four-analyst average estimate of $325.91 billion.
  • Segment Revenues- Realized Principal Investment Income: $52.6 million compared to the $40.58 million average estimate based on four analysts. The reported number represents a change of -15.9% year over year.
  • Segment Revenues- Multi-Asset Investing- Realized Principal Investment Income (Loss): $0.89 million compared to the $1.88 million average estimate based on four analysts. The reported number represents a change of +28.8% year over year.
  • Segment Revenues- Fee Related Performance Revenues: $540.13 million versus the four-analyst average estimate of $514.04 million. The reported number represents a year-over-year change of +19.2%.
  • Segment Revenues- Realized Performance Revenues: $464.39 million versus the four-analyst average estimate of $581.03 million. The reported number represents a year-over-year change of -37.7%.
  • Segment Revenues- Private Equity- Realized Performance Revenues: $285.5 million versus the four-analyst average estimate of $421.92 million. The reported number represents a year-over-year change of -49%.
  • Segment Revenues- Real Estate- Realized Performance Revenues: $99.92 million versus $102.24 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -24.8% change.
  • Segment Revenues- Total Management and Advisory Fees, Net: $2.18 billion versus the four-analyst average estimate of $2.15 billion. The reported number represents a year-over-year change of +6.7%.
  • Segment Revenues- Credit & Insurance- Realized Performance Revenues: $58.47 million compared to the $38.32 million average estimate based on four analysts. The reported number represents a change of +45.7% year over year.

View all Key Company Metrics for Blackstone Inc. here>>>

Shares of Blackstone Inc. have returned -8.1% over the past month versus the Zacks S&P 500 composite's no change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Published in