Apex Trader Funding - News
Blackstone Analysts Slash Their Forecasts After Q1 Earnings
Blackstone Inc (NYSE:BX) reported upbeat earnings for its first quarter FY24 on Thursday.
Blackstone reported adjusted revenues of $2.55 billion, beating the consensus of $2.49 billion. Distributable earnings (DE) rose 1% Y/Y to $1.27 billion. Fee-related earnings grew by 12% Y/Y to $1.16 billion, according to data from Benzinga Pro. Distributable earnings per share of $0.98 topped the consensus of $0.97.
Asset under management rose 7% Y/Y to $1.06 trillion, with inflows of $34.0 ...