Ok-To The Moon - Tiger Brokers Online Investing Community - To The Moon

2
Comment
Favorite

SiewWeng
2022-07-21

Ok

Blackstone Q2 Earnings Beat Consensus, but Many Strategies Saw Negative Returns

Blackstone (NYSE:BX) stock is dropping 4.4% in Thursday premarket trading as many of its strategies

Blackstone Q2 Earnings Beat Consensus, but Many Strategies Saw Negative Returns

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

2

Report

Comment

Top
Latest

SiewWeng
·2022-07-21
Ok
Reply
Like
Report

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":9074759119,"tweetId":"9074759119","gmtCreate":1658414814231,"gmtModify":1676536155272,"author":{"id":3585252654864862,"authorId":3585252654864862,"authorIdStr":"3585252654864862","name":"SiewWeng","avatar":"https://static.tigerbbs.com/53df5a10f848dd9d79558c4f7a3fb9f8","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.22","individualDisplayEnabled":0},"individualDisplayBadges":[],"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Ok</p></body></html>","htmlText":"<html><head></head><body><p>Ok</p></body></html>","text":"Ok","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9074759119","repostId":1149800176,"repostType":4,"repost":{"id":"1149800176","pubTimestamp":1658403944,"share":"https://www.laohu8.com/m/news/1149800176?lang=&edition=full","pubTime":"2022-07-21 19:45","market":"us","language":"en","title":"Blackstone Q2 Earnings Beat Consensus, but Many Strategies Saw Negative Returns","url":"https://stock-news.laohu8.com/highlight/detail?id=1149800176","media":"seekingalpha","summary":"Blackstone (NYSE:BX) stock is dropping 4.4% in Thursday premarket trading as many of its strategies ","content":"<html><head></head><body><p>Blackstone (NYSE:BX) stock is dropping 4.4% in Thursday premarket trading as many of its strategies saw negative returns in Q2 amid choppy markets. Its secondaries private equity strategy performed the best, though, rising 5.7%, followedup core real estate, up 2.3%.</p><p><img src=\"https://static.tigerbbs.com/f59e183ef72919283a07de5bb0516495\" tg-width=\"853\" tg-height=\"620\" width=\"100%\" height=\"auto\"/></p><p>Q2 distributable EPS of $1.49, beating the consensus estimate of $1.46, fell from $1.55 in Q1 2022 and from $0.82 in the year-ago quarter.</p><p>Q2 fee-related earnings of $1.02B, or $0.84 per share, compared with $1.15B, or $0.95 per share, in the prior quarter and $704M or $0.58 per share in the year-ago quarter.</p><p>Q2 total net management and advisory fees of $1.56B vs. $1.47B in Q1 and $1.21B in Q2 2021.</p><p>Total assets under management of $940.8B vs. $937.6B Visible Alpha consensus and $915.5B in Q1; fee-earning AUM of $683.8B vs. $677.9B at the end of Q1 2022.</p><p>Q2 inflows of $88.3B, representing the second highest quarter of inflows in its 36-year history, increased from $49.9B of inflows in the previous quarter.</p><p>Undrawn capital available for investment, also known as dry powder, was $170.B, a record, up from $139.3B in Q1.</p><p>Realizations were $29.3B vs. $23.2b in Q1; capital deployment of $47.8B vs. $22.8B in the previous quarter.</p><p>Investment performance by segment (appreciation/gross returns):</p><p>Real Estate — Opportunistic -1.0%; Core +2.3%;</p><p>Private Equity — Corporate Private Equity -6.7%; Tactical Opportunities -2.4%; Secondaries +5.7%;</p><p>Hedge Fund Solutions — +0.6%;</p><p>Credit &amp; Insurance: — Private Credit -0.1%; Liquid Credit -5.5%.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blackstone Q2 Earnings Beat Consensus, but Many Strategies Saw Negative Returns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackstone Q2 Earnings Beat Consensus, but Many Strategies Saw Negative Returns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 19:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3858702-blackstone-q2-earnngs?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Atrending_news%7Cline%3A2><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Blackstone (NYSE:BX) stock is dropping 4.4% in Thursday premarket trading as many of its strategies saw negative returns in Q2 amid choppy markets. Its secondaries private equity strategy performed ...</p>\n\n<a href=\"https://seekingalpha.com/news/3858702-blackstone-q2-earnngs?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Atrending_news%7Cline%3A2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BX":"黑石"},"source_url":"https://seekingalpha.com/news/3858702-blackstone-q2-earnngs?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Atrending_news%7Cline%3A2","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149800176","content_text":"Blackstone (NYSE:BX) stock is dropping 4.4% in Thursday premarket trading as many of its strategies saw negative returns in Q2 amid choppy markets. Its secondaries private equity strategy performed the best, though, rising 5.7%, followedup core real estate, up 2.3%.Q2 distributable EPS of $1.49, beating the consensus estimate of $1.46, fell from $1.55 in Q1 2022 and from $0.82 in the year-ago quarter.Q2 fee-related earnings of $1.02B, or $0.84 per share, compared with $1.15B, or $0.95 per share, in the prior quarter and $704M or $0.58 per share in the year-ago quarter.Q2 total net management and advisory fees of $1.56B vs. $1.47B in Q1 and $1.21B in Q2 2021.Total assets under management of $940.8B vs. $937.6B Visible Alpha consensus and $915.5B in Q1; fee-earning AUM of $683.8B vs. $677.9B at the end of Q1 2022.Q2 inflows of $88.3B, representing the second highest quarter of inflows in its 36-year history, increased from $49.9B of inflows in the previous quarter.Undrawn capital available for investment, also known as dry powder, was $170.B, a record, up from $139.3B in Q1.Realizations were $29.3B vs. $23.2b in Q1; capital deployment of $47.8B vs. $22.8B in the previous quarter.Investment performance by segment (appreciation/gross returns):Real Estate — Opportunistic -1.0%; Core +2.3%;Private Equity — Corporate Private Equity -6.7%; Tactical Opportunities -2.4%; Secondaries +5.7%;Hedge Fund Solutions — +0.6%;Credit & Insurance: — Private Credit -0.1%; Liquid Credit -5.5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":467,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":103005755,"gmtCreate":1658414820142,"gmtModify":1663254864037,"authorId":3585252654864862,"author":{"id":3585252654864862,"authorId":3585252654864862,"name":"SiewWeng","avatar":"https://static.tigerbbs.com/53df5a10f848dd9d79558c4f7a3fb9f8","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.22","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9074759119,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}