Save the date! Thursday 17th October 2024, is when Blackstone (NYSE: BX) will be sharing its eagerly awaited third quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled before market open.
As per the predictions of financial analysts on Wall Street, the company is set to report an estimated per share $0.95 profit for the third quarter. Additionally, the company is projected to unveil a revenue of $2.53 billion for the period.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $11.47 billion. Additionally, they expect the company to post profit of $4.38 per share for the fiscal year.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $0.94. This numbers can be credited to the company's total revenue, which amounted to an impressive $2.32 billion during the same quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.96 | +3.2% | 2.52 B | +7.0% |
| Q1 2024 | $0.98 | +1.0% | 2.55 B | +2.5% |
| Q4 2023 | $1.11 | +3.7% | 2.54 B | +8.2% |
| Q3 2023 | $0.94 | -11.3% | 2.32 B | -10.4% |
| Q2 2023 | $0.93 | -37.6% | 2.35 B | -43.4% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 17th October 2024 at 09:00 AM eastern time to discuss Q3 financial results.
Blackstone (BX) closed Wednesday's regular trading session at $159.71, showing a 2.17 percent rise, with a volume of 3.47 million shares.