Shares of Blackstone Group BX were unchanged after the company reported Q4 results.
Quarterly Results
Earnings per share rose 59.15% over the past year to $1.13, which beat the estimate of $0.89.
Revenue of $3,629,000,000 higher by 73.55% year over year, which beat the estimate of $2,290,000,000.
Guidance
Blackstone Group hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Jan 27, 2021
Time: 09:00 AM
ET Webcast URL: https://event.webcasts.com/starthere.jsp?ei=1417556&tp_key=f411308b3b
Price Action
Company's 52-week high was at $66.14
Company's 52-week low was at $33.00
Price action over last quarter: Up 27.61%
Company Profile
Blackstone Group Inc is an alternative asset manager with more than $350 billion in assets under management. Its alternative asset management businesses include investment vehicles focused on real estate, private equity, hedge fund solutions, credit, secondary funds of funds and multi-asset class strategies. The company is organized into four segments: Real Estate, Private Equity, Hedge Fund Solutions, and Credit. It generates maximum revenue from the Real Estate segment.
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