BlackStone Soared Over 8% in Morning Trading after Reporting Better-than-expected Results

Tiger Newspress2022-01-27

BlackStone soared over 8% in morning trading after reporting better-than-expected results.

It reported net income of $1.4 billion, or $1.93 a share, higher than year-earlier earnings of $748.9 million, or $1.07 a share.

Blackstone's total assets under management grew by 42% to $880.9 billion, higher than Wall Street's estimate of $818.6 billion and the fastest growth for the company in over a decade. Inflows during the quarter were $154.8 billion.

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Comments

  • DirtyGreen
    2022-01-28
    DirtyGreen
    Wow
  • 2pcchicken
    2022-01-28
    2pcchicken
    Ok
  • Zlatan
    2022-01-28
    Zlatan
    Ok
  • koolgal
    2022-01-28
    koolgal
    Great news for Blackstone as it has an excellent earnings report.  Go Blackstone! 🚀🚀🚀🌙🌙🌙
  • SPOT_ON
    2022-01-28
    SPOT_ON
    Blackstone ...BlackRock.... 
  • ML808
    2022-01-28
    ML808
    Wow
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