The company said GAAP Net Income for Q1 2024 was $1.6 billion and Net Income Attributable to Blackstone Inc. was $847 million. On a last twelve months (LTM) basis, the figures were $3.8 billion and $2.2 billion, respectively.

1. 01

   The company said GAAP Net Income for Q1 2024 was $1.6 billion and Net Income Attributable to Blackstone Inc. was $847 million. On a last twelve months (LTM) basis, the figures were $3.8 billion and $2.2 billion, respectively.

2. 02

   Blackstone said Fee Related Earnings (FRE) for Q1 2024 were $1.2 billion ($0.95 per share), and Distributable Earnings (DE) were $1.3 billion ($0.98 per share). On an LTM basis, FRE was $4.5 billion and DE was $5.1 billion.

3. 03

   The company said Total AUM was $1,061.3 billion as of March 31, 2024, up 7% year over year. Inflows for the quarter were $34.0 billion, and LTM inflows were $142.2 billion.

4. 04

   Blackstone declared a quarterly dividend of $0.83 per share of common stock to holders of record at the close of business on April 29, 2024, payable on May 6, 2024, the company said. It repurchased 0.7 million shares of common stock during Q1.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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