Yahoo Finance Blackstone First Quarter 2024 Earnings: EPS: US$1.12 (vs US$0.12 in 1Q 2023)
Blackstone (NYSE:BX) First Quarter 2024 Results
Key Financial Results
Revenue: US$3.58b (up 177% from 1Q 2023).
Net income: US$847.4m (up by US$761.6m from 1Q 2023).
Profit margin: 24% (up from 6.6% in 1Q 2023). The increase in margin was driven by higher revenue.
EPS: US$1.12 (up from US$0.12 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Blackstone Earnings Insights
Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Capital Markets industry in the US.
Performance of the American Capital Markets industry.
The company's shares are down 5.2% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for Blackstone that we have uncovered.
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