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Blackstone Inc. Reports $5.4 Billion Quarterly Profit
By USinMinutes - Jan 30, 2025, 06:56 AM ET
Last Updated - Jan 30, 2025, 06:57 AM EST
The company records $13.2 billion revenue for Q4 ended Dec 31, 2024
Blackstone Inc. [BX] reported $5.4 billion profit for Q4 ended Dec 31, 2024, showing an increase of $3 billion.
The company revealed in its 8-K filing to the SEC dated Jan 30, 2025 that it generated revenue of $13.2 billion for the period, showing an increase of $5.2 billion from the last quarter.
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Based in New York, NY, the company reported $3.6 earnings per share for the period, compared to $1.8 in the last quarter.
The company's profit increased by 122.43% from $2.4 billion in the last quarter.
The revenue increased 64.89% from $8 billion in the same quarter of the previous year.
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