Blackstone (NYSE:BX) reported its Q1 earnings results on Thursday, April 20, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Blackstone missed estimated earnings by 1.02%, reporting an EPS of $0.97 versus an estimate of $0.98.
Revenue was down $1.02 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12 which was followed by a 2.19% increase in the share price the next day.
Here’s a look at Blackstone’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.95 | 1 | 1.44 | 1.09 |
| EPS Actual | 1.07 | 1.06 | 1.49 | 1.55 |
| Revenue Estimate | 2.74B | 2.43B | 3.59B | 2.61B |
| Revenue Actual | 2.34B | 2.59B | 4.15B | 3.50B |
To track all earnings releases for Blackstone visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
