Blackstone, Inc. (NYSE: BX) has reported a decline in revenue and net income for the first quarter of 2025 when the investment giant’s assets under management grew in double digits.
- Total assets under management (AUM) increased 10% to $1.17 trillion in the March quarter from $1.06 trillion in the prior-year period
- Fee-earning AUM was $860.1 billion in the first quarter, while perpetual capital AUM came in at $464.4 billion
- The company reported revenues of $3.29 billion for the first quarter, compared to $3.69 billion in Q1 2024
- Net income decreased to $614.8 million or $0.80 per share during the three months from $847.4 million or $1.11 per share last year
- Distributable earnings were $1.4 billion or $1.09 per share in the first quarter, vs. $1.27 billion or $0.98 per share last year
- The management has declared a dividend of $0.93 per share, which is payable to shareholders on May 5, 2025
- The company repurchased 0.2 million shares in the first quarter and 3.5 million shares over the last twelve months
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
