← All forecasts · October 19–23

BX / Q3 2026

Blackstone

Reported: Oct 22, 2026

Forecast published

Opus 5.5 High in Shortcut

Shortcut

1.29

Normalized diluted EPS

+0.7% vs Street

Off by $0.03 per share

Street

1.28

Normalized diluted EPS

October 18 consensus snapshot

Off by $0.04 per share

Real

1.32

Issuer distributable earnings per participating common share

Shortcut win

Reported result · Oct 22 ↗ · Distributable earnings were $1.32 per participating common share, the original forecast convention; GAAP diluted EPS was $0.83.

USD per participating common share. Comparisons use unrounded estimates.

Model download

Explore the assumptions and calculations behind the forecast.

Open in Shortcut ↗Download XLSX ↓

Shortcut’s reasoning.

The fee, AUM and realization build produces distributable earnings per participating common share of $1.29 versus the Street’s $1.28. This uses Blackstone’s participating common-share method, rather than total distributable earnings divided by all units.

Realizations, fee-earning assets and the assumed 8.5% taxes-and-payables rate drive the result. Cash-flow detail is a simplified scenario, and an auxiliary net-income comparison has an unverified mapping to distributable earnings.

On the record.

Reporting period
Q3 2026
Reporting basis
Distributable earnings per participating common share; consensus normalized EPS
Consensus snapshot
October 18, 2026
Model / effort
Opus 5.5 · High effort
Workbook
Reviewed workbook
Record history
Forecast generated
Oct 19, 2026 at 10:19 PM PDT
First published
Oct 20, 2026 at 1:54 AM PDT
Research sources