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Market Overview

Blackstone Group: Q4 Earnings Insights

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Shares of Blackstone Group (NYSE: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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Posted-In: BZI-RecapsEarnings News

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