Categories Earnings, Finance

Blackstone (BX): Q4 2019 Earnings Snapshot

— Blackstone (NYSE: BX) reported Q4 2019 earnings of $0.71 per share, vs. $0.66 expected.

— Revenues amounted to $2 billion, vs. $1.56 billion expected.

— Fee-related earnings rose 27% year-over-year to $552 million.

— Total assets under management grew 21% year-over-year to $571.1 billion.

— Inflows totaled $26 billion in the quarter.

— BX shares were up 1% in premarket hours on Thursday.

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