Blackstone Inc. Set to Report Q4 Earnings with Positive Outlook

Blackstone Inc. anticipates a strong fiscal Q4 with an EPS boost. Analysts remain optimistic with a 'Moderate Buy' rating ahead of the earnings report scheduled for January 23. This performance can positively impact BX's stock prices moving forward.

Date: 04-01-2025

AI Rating: 7

Earnings Per Share (EPS): Analysts project Q4 EPS of $1.48 for Blackstone, a significant increase of 33.3% from last year's $1.11. The positive momentum is reflected in the forecast for fiscal 2024 EPS at $4.43, representing a 12.2% growth from $3.95 in fiscal 2023, and a projected rise to $5.90 for fiscal 2025, which indicates a 33.2% growth year-over-year.

Stock Performance: Over the past 52 weeks, BX shares have rallied 35.5%, outperforming the S&P 500 and the Financial Select Sector SPDR Fund, creating a favorable perception among investors.

Recent Earnings and Revenue Growth: In Q3, Blackstone delivered adjusted earnings of $1.01 per share, which exceeded estimates by 11%. Furthermore, the adjusted revenue reached $2.4 billion, climbing 4.7% year-over-year. This robust performance, combined with a 12% increase in fee-earning Assets Under Management (AUM) to $820.5 billion, cemented BX's strong position.

Investor Sentiment: Analysts are moderately optimistic, with a mix of recommendations leading to a 'Moderate Buy' rating overall. The slight decline in 'Strong Buy' recommendations indicates a more cautious approach compared to three months ago, but the company still exhibits strengths that could bolster stock prices.

This positive outlook, marked by solid earnings, robust growth projections, and favorable market sentiment, contributes to a generally optimistic forecast for Blackstone Inc.'s stock. Investors will be keeping a close eye on the upcoming earnings announcement and any signals of continued performance improvement.

Stocks: BX