Blackstone Beats Q2 Earnings Estimates as AI Investments Boost EPS to $1.52
Blackstone reported second-quarter earnings that beat Wall Street estimates, posting adjusted earnings per share of $1.52 against a consensus of $1.32, a 26% increase from a year earlier. Total revenue came in at $5.04 billion.
The asset manager attributed the outperformance to a surge in investments tied to the artificial intelligence build-out, which lifted distributable earnings across its real estate, private equity and multi-asset investing segments. The firm also announced a $1.29 per share dividend payable in August and reported inflows of $68.3 billion during the quarter.
From the sources (3 posts)
@laurbjnBlackstone earnings surged in the second quarter, as it reaped in revenue from investments in the country’s massive AI build-out that span all of the asset manager’s major businesses.
@wsjmarketsBlackstone’s earnings surged in the second quarter, as it reaped in revenue from investments in the country’s massive AI build-out that span all of the asset manager’s major businesses
@wallstengineBLACKSTONE $BX Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $5.04B 🔹 Adj. EPS: $1.52 (Est. $1.32) 🟢; +26% YoY 🔹 Total AUM: $1.35T; +11% YoY 🔹 Inflows: $68.3B in the quarter Other Q2 Metrics: 🔹 FRE per Share: $1.43; +20% YoY 🔹 Fee-Earning AUM: $96