That compares with a profit of $779.4 million, or $1.15 a share, a year earlier. Blackstone Reports First Quarter 2021 Earnings Results 22 April 2021 To view the full report please click the following link – Blackstone’s First Quarter 2021 results. The strong gains in the stock market in the second quarter bolstered the value of Blackstone's holdings. Distributable earnings is a metric that Blackstone and other private equity firms focus on to describe their business. Blackstone Mortgage Trust bounces back in second quarter. By Chibuike Oguh (Reuters) - Blackstone Group Inc , the world's largest alternative asset manager, said on Thursday its distributable earnings fell 23% year-on-year in the second quarter, as the coronavirus outbreak made it more difficult to divest assets. Blackstone | 2 BLACKSTONE’S SECOND QUARTER 2020 HIGHLIGHTS Financial Measures Fee Related Earnings (“FRE”) of $541 million ($0.45/share) in the quarter, up28% year-over-year – FRE was $2.0 billion for the last twelve months (“LTM”)($1.67/share), up 27% year-over-year The strong gains in the stock market in the second quarter bolstered the value of Blackstone's holdings. Blackstone said distributable earnings, which includes cash it generates by selling assets, fell to $548 million from $709 million a year earlier. Joining today’s call are Steve Schwarzman, chairman and CEO, Tony James, president and chief operating officer, Michael Chae, our chief Fee-related earnings leaped to $741 … Blackstone’s Second Quarter 2018 Segment Highlights Economic Net Income (“ENI”) was $1.1 billion ($0.90/unit) in the quarter, up 56% year-over-year, on $2.0 billion … Blackstone Earnings Rise With Market. Blackstone ( BX) - Get Report, the New York private-equity titan, reported second-quarter earnings leaped amid a booming stock market. Ticker This translated into distributable earnings per share of 63 cents, surpassing analysts’ average estimate of 57 cents, according to data compiled by Refinitiv. That compares with a profit of $305.8 million, or 45 cents, a year earlier. Blackstone Group Inc , the world's largest alternative asset manager, said on Thursday its distributable earnings fell 23% year-on-year in the second quarter, as the coronavirus outbreak made it more difficult to divest assets. Blackstone’s Second Quarter 2020 Earnings. The husband-and-wife team atop Soho China had already been keeping a lower profile than they did during an earlier, freer era of the country’s economic revival. Blackstone logged $1.75 billion in net income for the quarter, a year-over-year increase of more than $2.8 billion. Blackstone second quarter distributable earnings drop as asset sales slow. Blackstone BX is scheduled to report first-quarter 2021 results on Apr 22, before the opening bell. Text. Blackstone's distributable earnings, or the amount of cash that could be returned to shareholders, came in at $772.1 million, or 63 cents a share, in the third quarter. This translated into distributable earnings per share of 43 cents, matching analysts' consensus estimate, according to data compiled by Refinitiv. Blackstone Mortgage Trust, Inc. today announced that it will publish its second quarter 2020 earnings presentation on its website at www.bxmt.com and file its Form 10- Q … Blackstone Second Quarter 2018 Earnings. Blackstone said its private equity portfolio appreciated 12.2% in the quarter, compared with an 8.5% rise in the benchmark S&P 500 stock index over the same period. Blackstone Group LP said on Wednesday its third-quarter distributable earnings rose 9% year-on-year, as the world's largest manager of alternative assets such as … Blackstone posted net income of $568.3 million, or 81 cents a share, for the second quarter. That compares with a profit of $305.8 million, or 45 cents, a year earlier. Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Q1 2021 Earnings Conference Call April 28, 2021, 09:00 AM ET Company Participants Steve Plavin - CEO Katie Keenan - President Tony Marone - … Blackstone Mortgage Trust, Inc. Blackstone | 2 FIRST QUARTER 2021 RESULTS (1) See Appendix for a definition and reconciliation to GAAP net income. The Blackstone Group on Thursday reported a 74 percent decline in second-quarter earnings, underscoring some of the challenges confronting the private equity industry. Blackstone Group Inc. reported higher earnings for the fourth quarter as the value of its private-equity portfolio climbed with the broader market. Blackstone reported $205 million in profits for the second quarter, based on a metric known as economic net income, which is a non-GAAP measure that … Dow Jones News. Listen to Replay (To begin approximately two hours after the event): +1 (888) 286-8010 (U.S. domestic) +1 (617) 801-6888 (international) passcode number 109 924 29#. Blackstone’s (BX Quick Quote BX - Free Report) second-quarter 2020 distributable earnings of 43 cents per share were in line with the Zacks … ET EPS of $0.43 misses by $0.01 | Revenue of $1.11B (-25.15% Y/Y) misses by $46.24M. Assets under management totaled $368.2 billion, up 7 … Past performance is not indicative of future results. Blackstone (NYSE: BX) reported economic net income (ENI) for the second quarter of 2014 of $1.15 per unit vs. the consensus estimate of $0.68, … July 18, 2019 09:00 AM ET. Blackstone Group Inc , the world's largest manager of alternative assets such as private equity and real estate, said on Thursday its distributable earnings in the second quarter … After a down opening to 2020, Blackstone Mortgage Trust improved its earnings, pulling in over $17.5 million in the second quarter from a loss of $53.4 million in the first. The buyout giant posted net income of $748.9 million, or $1.07 a share, for the quarter. The company will also host a … ET. Blackstone Group Inc, the world's largest manager of alternative assets such as private equity and real estate, said on Thursday that its distributable earnings more than doubled in the first quarter to $1.2 billion as it cashed out on holdings. Management fee revenue in the second quarter increased 17% year-over-year to $844 million, also a record for the firm. BLACKSTONE Second Quarter 2019 Earnings Investor Call July 18, 2019 at 9:00 a.m. The hedge fund solutions business had assets under management of $81.4 billion at the end of the second quarter, according to Blackstone. Blackstone Group LP said on Wednesday its third-quarter distributable earnings rose 9% year-on-year, as the world's largest manager of alternative assets such as … Distributable earnings is a metric that Blackstone and other private equity firms focus on to describe their business. Past performance is not indicative of future results. Its revenues and earnings are likely to have increased in the quarter … By Miriam Gottfried. By Chibuike Oguh (Reuters) – Blackstone Group Inc , the world’s largest alternative asset manager, said on Thursday its distributable earnings fell 23% year-on-year in the second quarter, as the coronavirus outbreak made it more difficult to divest assets. Joining today's call are Steve Schwarzman, Chairman and CEO, Jon Gray, President and Chief Operating Officer, Tony James, Executive Vice Chairman, Michael Chae, Distributable earnings more than doubled year-over-year to $1.2 billion, fee-related earnings rose nearly 60% year-over-year and … Blackstone Group Inc. reported higher earnings for the fourth quarter as the value of its private-equity portfolio climbed with the broader market. ET Operator: Good day, ladies and gentlemen, and welcome to the Blackstone Second Quarter 2016 Investor Call. Blackstone's distributable earnings, or the amount of cash that could be returned to shareholders, came in at $772.1 million, or 63 cents a share, in the third quarter. Listen to Replay (To begin approximately two hours after the event): +1 (888) 286-8010 (U.S. domestic) +1 (617) 801-6888 (international) Passcode: 279 310 39# 9:30 AM ET Media Call. Blackstone said Thursday that it posted net income of $568.3 million, or 81 cents a share, for the second quarter. By Chibuike Oguh (Reuters) - Blackstone Group Inc, the world's largest alternative asset manager, said on Thursday its distributable earnings fell 23% year-on-year in the second quarter… Don’t count on Blackstone Group to announce something called a C-corp conversion on Thursday morning when it reports second-quarter earnings, although one of … ET Weston Tucker: Thanks Mark and good morning and welcome to Blackstone's second quarter conference call. Blackstone Second Quarter 2019 Earnings. Slides 10-Q. earnings were up quite a bit, 35% to $1 billion for the quarter or $0.88 per common unit. This translated into distributable earnings per share of 43 cents, matching analysts' consensus estimate, according to data compiled by Refinitiv. GAAP Yield on Book was 8.2% for the first quarter 2021. Blackstone said its private equity portfolio appreciated 12.2% in the quarter, compared with an 8.5% rise in the benchmark S&P 500 stock index … Blackstone Mortgage Trust, Inc. today announced that it will publish its second quarter 2020 earnings presentation on its website at www.bxmt.com and file its Form 10- … Our second quarter results again reflect the earnings power of the high-quality senior loan portfolio that we have built. Blackstone posted a 165 percent rise in first-quarter earnings. It also completed the $625 million initial public offering of India’s second real estate investment trust (REIT), Mindspace Business Parks. Its distributable earnings, however, dropped in the second quarter … Blackstone's (ticker: BX) second-quarter revenue increased to $2.5 billion, from roughly $1.49 billion in second quarter of 2019. Past performance is not indicative of future results. By Chibuike Oguh (Reuters) - Blackstone Group Inc , the world's largest alternative asset manager, said on Thursday its distributable earnings fell 23% year-on-year in the second quarter, as the coronavirus outbreak made it more difficult to divest assets. That compares with a profit of $305.8 million, or 45 cents, a year earlier. Earnings blew past expectations, according to a Thomson Reuters poll. BLACKSTONE Second Quarter 2016 Earnings Investor Call July 21, 2016 11:00 a.m. Add to Calendar. The company will also host a conference call the same day at 9:00 a.m. Blackstone said distributable earnings, which includes cash it generates by selling assets, fell to $548 million from $709 million a year earlier. July 19, 2018 11:00 AM ET. Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its second quarter 2020 earnings presentation on its website at www.bxmt.com and file its Form 10-Q … 2 Dividend yield based on most recent closing price and last twelve months dividends to shareholders of $2.69 per share. Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its second quarter 2020 earnings presentation on its website at www.bxmt.com and file its Form 10-Q pre-market on Wednesday, July 29, 2020. Distributable earnings is a metric that Blackstone and other private equity firms focus on to describe their business. ET to review results. Blackstone Group LP said on Wednesday, third-quarter distributable earnings rose 9% year-on-year, as the world's largest manager of alternative assets such as private equity and real estate took advantage of a rise in corporate valuations to cash out on some of its leverage buyout investments. Blackstone Group LP said on Wednesday its third-quarter distributable earnings rose 9% year-on-year, as the world's largest manager of alternative assets such as … Blackstone said Thursday that it posted net income of $568.3 million, or 81 cents a share, for the second quarter. The buyout giant posted net … Using generally accepted accounting principles, Blackstone reported an 86% rise in net income to $568.3 million, as a rally in the markets in the second quarter, driven by central bank intervention and government stimulus, boosted the value of its assets. 1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin-off of PJT on October 1, 2015. Blackstone Group Inc, the world's largest manager of alternative assets, said on Wednesday its fourth-quarter distributable earnings rose 60% … We reported GAAP net income per share of $0.13 for the second quarter, while core earnings were $0.62 per share. Later, we will conduct a question-and-answer session. Blackstone Announces Second Quarter 2020 Investor Call 01 July 2020 NEW YORK, July 1, 2020–Blackstone (NYSE:BX) announced today that it will host its second quarter investor conference call via public webcast on July 23, 2020 at 9:00 a.m. Thanks, Derek, and good morning, and welcome to Blackstone’s second quarter conference call. Q2: 2020-07-23 Earnings Summary. 11:00 AM ET Investor Call. But the second quarter’s earnings pale in comparison to the $75.2 million logged a year ago. January 27 2021 - 07:24AM. ET. Blackstone posted net income of $794.7 million, or $1.13 a share, for the third quarter. Blackstone Second Quarter Earnings Conference Call Announcement 08 August 2007 New York, August 8, 2007 : The Blackstone Group L.P. (NYSE:BX), announced today that it will host its second quarter investor conference call Monday, August 13, 2007 at 11:00 am ET. Fee-related earnings rose 24% to … 4 mins Soho China Sells to Blackstone, Cementing Owners’ Exit The New York Times . At this time, all participants are in listen-only mode. And, just based on where the stock is today, that equates to a ET Weston Tucker: Great. 1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin-off of PJT on October 1, 2015. Blackstone said its private equity portfolio appreciated 15.3% in the quarter, compared with an 5.8% rise in the benchmark S&P 500 stock index … BLACKSTONE Second Quarter 2017 Earnings Investor Call July 20, 2017 at 11:00 a.m. (2) Reflects ratio of annualized first quarter Distributable Earnings to BXMT book value. The company will also host a conference call the same day at 9:00 a.m. Blackstone reported remarkable results for the first quarter. The Blackstone Group L.P. (NYSE:BX), announced today that it will host its second quarter investor conference call Monday, August 13, 2007 at 11:00 am Blackstone Second Quarter Earnings … Blackstone (NYSE:BX) announced today that it will host its second quarter investor conference call via public webcast on July 23, 2020 at 9:00 a.m. The strong gains in the stock market in the second quarter bolstered the value of Blackstone’s holdings. Blackstone’s profit , reported as economic net income after taxes, amounted to $212.3 million for the quarter, compared with $804.2 million in the period a year earlier. Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its second quarter 2020 earnings presentation on its website at www.bxmt.com and file its Form 10-Q pre-market on Wednesday, July 29, 2020. Blackstone will host its first quarter 2021 investor conference call via public webcast on April 22, 2021 at 9:00 a.m. Fee Related Earnings (“FRE”) was $226 million in the second quarter, up 27% from $178 million in the prior year despite the spin-off of Blackstone’s Advisory businesses completed in October 2015. Blackstone's (ticker: BX) second-quarter revenue increased to $2.5 billion, from roughly $1.49 billion in second quarter of 2019. Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its first quarter 2021 earnings presentation on its website at www.bxmt.com and file its Form 10-Q pre-market on Wednesday, April 28, 2021. Blackstone reported exceptional results for the fourth quarter, including our best quarter for both distributable earnings and fee-related earnings in 35 years. We'll be paying a distribution of $0.74 to holders of record as of July 27, which brings us to $2.85 paid out over the last 12 months. All … ET to review results. This quarter we reported GAAP net income of $0.54 per share and distributable earnings of $0.59 per share, in line with the fourth quarter of last year, despite continued low interest rates globally. Blackstone reported remarkable results for the first quarter. “Blackstone reported excellent results in the third quarter, characterized by strong investment performance and earnings growth," Blackstone CEO Stephen Schwarzman said in a statement.

Jayco Jpod Outback 2021, Showtime Content List, Summer Weather In Australia, Uconn Covid Vaccine Requirements, Funko Pop Replacement Stickers,