Earnings Alerts

Blackstone (BX) Earnings: 3Q Hedge Fund Solutions AUM Exceeds Estimates with Strong Inflows

By October 17, 2024 No Comments
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  • Blackstone’s Hedge Fund Solutions reported assets under management (AUM) of $83.1 billion.
  • The reported AUM surpassed the estimated $80.38 billion.
  • Total inflows for the period reached $40.54 billion.
  • Inflows exceeded expectations, which were $35.8 billion.
  • Analyst ratings included 8 buy recommendations.
  • There were 15 hold recommendations by analysts.
  • The firm received 3 sell recommendations from analysts.

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A look at Blackstone Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Blackstone Inc., an investment company focusing on various sectors including real estate, hedge funds, private equity, and more, has received an overall positive outlook based on the Smartkarma Smart Scores. With a strong momentum score of 5, Blackstone demonstrates evident strength and consistent performance in the market. Additionally, the company has scored moderately well in the areas of dividend, growth, and resilience, further indicating its stability and potential for future growth. Although its value score is just average, the overall outlook based on the Smart Scores suggests a promising long-term trajectory for Blackstone.

Considering the combination of its scores, Blackstone appears to be well-positioned for the future, showcasing resilience and growth potential. The company’s ability to maintain a solid dividend score, along with a strong momentum in the market, indicates a positive sentiment towards its performance. As a global player serving customers worldwide, Blackstone’s diversified investment portfolio and financial strategies seem to be aligned with long-term success, as indicated by the Smart Scores assessment.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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