Earnings Preview: What to Expect From Blackstone's Report

Earnings Preview: What to Expect From Blackstone's Report Neha Panjwani Wed, July 1, 2026 at 2:52 PM GMT+2 2 min read BX Candle stick graph chart with indicator by Vintage Tone via Shutterstock 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 $87.

4 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 second-quarter earnings for 2026 in the near term. Ahead of the event, analysts expect BX to report a profit of $1.

34 per share on a diluted basis, up 10. 7% from $1. 21 per share in the year-ago quarter.

The company has consistently surpassed Wall Street's EPS estimates in its last four quarterly reports. More News from Barchart Dear Microsoft Stock Fans, Mark Your Calendars for August 1 Heavy Advanced Micro Devices Call Options Volume Today - Is AMD Undervalued? From Zero to $15 Billion, Qualcomm's AI Roadmap Gets a Boost From Modular Acquisition Tired of missing midday reversals?

The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For the full year, analysts expect BX to report EPS of $5.

90, up 5. 9% from $5. 57 in fiscal 2025.

Its EPS is expected to rise 29. 5% year over year to $7. 64 in fiscal 2027.

www. barchart. com BX stock has notably underperformed the S&P 500 Index's ($SPX) 14.

1% gains over the past 52 weeks, with shares down 21. 3% during this period. Similarly, it underperformed the State Street Financial Select Sector SPDR ETF's (XLF) 2.

4% returns over the same time frame. www. barchart.

com On Apr. 23, BX shares closed down by 5. 7% after reporting its Q1 results.

Its adjusted EPS of $1. 36 exceeded Wall Street expectations of $1. 35.

The company's revenue stood at $3. 6 billion, up 10% from the year-ago quarter. Analysts' consensus opinion on BX stock is reasonably bullish, with a "Moderate Buy" rating overall.

Out of 22 analysts covering the stock, nine advise a "Strong Buy" rating, three suggest a "Moderate Buy," nine give a "Hold," and one recommends a "Strong Sell. " BX's average analyst price target is $141. 04, indicating a potential upside of 19.

9% from the current levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes.

This article was originally published on Barchart.