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Blackstone Posts $3.62B Revenue, EPS Miss, Shares Slip

4/23/2026

35 8 Full Breakdown

Summary

Story summary

Blackstone reported Q1 2026 revenue of $3.62 billion, exceeding Wall Street estimates by 5.9%.
The revenue rise of 29.7% year over year raised assets under management to $1.30 trillion, up 11.7% from the prior year.
GAAP earnings per share fell to $0.83, missing analysts’ $1.32 expectation by 37.3%.
Shares slipped 1.1% to $128.27 after the release, while analysts set an average price target of $144.65.

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Story summary

Blackstone reported Q1 2026 revenue of $3.62 billion, exceeding Wall Street estimates by 5.9%.
The revenue rise of 29.7% year over year raised assets under management to $1.30 trillion, up 11.7% from the prior year.
GAAP earnings per share fell to $0.83, missing analysts’ $1.32 expectation by 37.3%.
Shares slipped 1.1% to $128.27 after the release, while analysts set an average price target of $144.65.