From Financial Modeling Prep: 2025-04-17 14:24:00

Blackstone (NYSE:BX) exceeded expectations with a strong first-quarter performance, driving shares up 1%. Distributable earnings were $1.09 per share, beating analysts’ $1.06 estimate. Revenue reached $3.29 billion, surpassing the $2.94 billion forecast.

Fee-related earnings climbed 9% to $1.26 billion, highlighting Blackstone’s robust recurring income. Total assets under management grew 10% to $1.17 trillion, with perpetual capital rising 14% to $464.4 billion.

Despite market turbulence, Blackstone drew $62 billion in new capital, its highest inflow in nearly three years. Strong investor interest was seen across real estate, private equity, and credit segments.



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