Blackstone Q3 Adj EPS $0.94 Misses $1.01 Estimate, Total Segment Revenue $2.32B Miss $2.51B Estimate
Portfolio Pulse from Benzinga Newsdesk
Blackstone (NYSE:BX) reported Q3 earnings of $0.94 per share, missing the analyst consensus estimate of $1.01 by 6.93%. This is a 11.32% decrease from the same period last year. The company also reported quarterly sales of $2.32 billion, missing the analyst consensus estimate of $2.51 billion by 7.49%. This is a 10.42% decrease from the same period last year.
October 19, 2023 | 11:03 am
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Blackstone's Q3 earnings and sales missed estimates, marking a decrease from the same period last year.
Blackstone's earnings and sales for Q3 have both missed estimates and decreased from the same period last year. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
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