Asset administration firm Blackstone, Inc. (NYSE: BX) on Thursday stated its third-quarter web revenue dropped from final 12 months, harm by a decline in revenues.
- The corporate reported revenues of $3.09 billion for the third quarter, in comparison with $3.66 billion in Q3 2024
- Internet revenue attributable to the corporate decreased to $624.9 million or $0.80 per share from $780.8 million or $1.02 per share final 12 months
- Distributable earnings have been $1.9 billion or $1.52 per share in Q3, vs. $1.28 billion or $1.01 per share final 12 months
- Whole property below administration (AUM) elevated to $1.24 trillion within the September quarter from $1.11 trillion within the prior-year interval
- Charge-earning AUM was $906.2 billion within the third quarter, whereas perpetual capital AUM got here in at $500.6 billion
- The administration declared a quarterly dividend of $1.29 per share to report holders of widespread inventory on the shut of enterprise on November 3, 2025
- The corporate repurchased 0.2 million shares within the quarter and 0.9 million shares during the last twelve months
