HISTORICAL FACTS: Here s what to expect from blackstone s next earnings report | History Defined

The New York-based Blackstone Inc. (BX) is an alternative asset management firm that specializes in real estate, private equity, hedge fund solutions, credit, and equity and multi-asset class strategies. Valued at a market cap of $109.4 billion, the company also provides capital market and financial advisory services and is expected to announce its fiscal Q3 earnings results before the market opens on Thursday, Oct. 17. 

Ahead of this event, analysts project the asset management company to report a profit of $1.07 per share, up 13.8% from $0.94 per share in the year-ago quarter. However, the company has beaten or matched Wall Street's bottom-line estimates in two of the last four quarters while missing on two other occasions. In Q2, the company reported an EPS of $0.96, which lagged behind the consensus estimates by 3%.