| BX |
Report |
Distributable earnings per common share |
IN-LINE |
pred ~$1.35 vs. cons $1.33 |
MEDIUM |
| BX |
Report |
Fee-related earnings per share |
IN-LINE |
pred ~$1.30 vs. cons $1.30 |
MEDIUM |
| BX |
Report |
Total inflows |
BEAT |
pred ~$58B vs. cons $54B |
MEDIUM |
| BX |
Guide |
Base-management-fee growth cadence |
LOWER |
guide ~5% vs. cons 7% (2H26) |
MEDIUM |
| BX |
Guide |
BCRED net-flow trajectory |
LOWER |
guide ~-$1.0B vs. cons -$0.5B (3Q26) |
LOW |
| BX |
Guide |
Net realizations outlook |
UNCHANGED |
guide ~$1.6B vs. cons $1.6B (2H26) |
LOW |
| BX |
Return |
Day-1 residual (stock − beta × S&P 500) |
-3.0% |
— |
MEDIUM |
| BX |
Return |
5-day cumulative residual |
-5.0% (FOLLOW-THROUGH) |
An in-line DE result and inflow beat are likely outweighed by lower implied second-half base-fee growth and persistent BCRED outflows; those out-period assumptions should pull 2026-27 DE estimates lower after the report. |
MEDIUM |