What to Expect From Blackstone's Next Quarterly Earnings Report

New York-based Blackstone Inc. (BX) is an alternative asset management firm specializing in private equity, real estate, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. Valued at $107.7 billion by market cap, the company typically invests in early-stage, seed, middle market, mature, late venture and later stage companies, and also provides capital markets services. The leading alternatives platform is expected to announce its fiscal first-quarter earnings for 2025 before the market opens on Thursday, Apr. 17.

Ahead of the event, analysts expect BX to report a profit of $1.22 per share on a diluted basis, up 24.5% from $0.98 per share in the year-ago quarter. The company beat or matched the consensus estimates in three of the last four quarters while missing the forecast on another occasion.