Sentiment: Negative
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Blackstone (BX) Beats Earnings But Investors Sell Over Credit Weakness
By Trader Edge at 2026-04-23 11:52
Sentiment: Negative
TLDR Blackstone stock dropped 4.7% Thursday after Q1 earnings showed mixed results across its business units. Distributable earnings rose 25% to $1.76 billion, or $1.36/share, beating analyst estimates of $1.34. Private credit funds delivered zero net returns after fees; bank loan portfolio lost 1.4%. Infrastructure and AI-related assets posted strong gross returns of 7.8% for [...] The post Blackstone (BX) Beats Earnings But Investors Sell Over Credit Weakness appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central