Blackstone (BX) Misses Q4 EPS by 9c; AUM at $336.4B

Blackstone (NYSE: BX) reported Q4 economic net income of $0.37 per share, versus the analyst estimate of $0.46. Revenue for the quarter came in at $877.2 billion versus the consensus estimate of $1.19 billion.

Distributable Earnings (“DE”) was $878 million ($0.72/unit) in the fourth quarter, on $708 million of Realized Performance Fees

Total Assets Under Management (“AUM”) reached a record $336.4 billion through a combination of strong fundraising and organic expansion.

• Gross inflows were $15.5 billion in the fourth quarter, bringing full year inflows to $93.6 billion.
• Total AUM increased 16% year-over-year, despite returning $55.4 billion of capital to investors as asset growth and above-market appreciation outpaced increased realizations

For earnings history and earnings-related data on Blackstone (BX) click here.

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