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Blackstone Profit Drops 9.2% as Rates, Inflation Curb Dealmaking

Bloomberg Markets Thursday 22 October 2026, 11:06 UTC By Preeti Singh 1 min read
Key Points

Blackstone Profit Drops 9.2% as Rates, Inflation Curb Dealmaking Blackstone Inc. reported a drop in third-quarter income as surging energy prices stoked inflation and higher interest rates subdued dealmaking. Distributable earnings slid 9.2% to $1.72 billion, or $1.32 a share, Blackstone said in a statement Thursday. That beat the $1.26 average estimate of analysts tracked by Bloomberg.

Blackstone Profit Drops 9.2% as Rates, Inflation Curb Dealmaking Blackstone Inc. reported a drop in third-quarter income as surging energy prices stoked inflation and higher interest rates subdued dealmaking. Distributable earnings slid 9.2% to $1.72 billion, or $1.32 a share, Blackstone said in a statement Thursday. That beat the $1.26 average estimate of analysts tracked by Bloomberg.
Blackstone Profit Drops (ORG) Blackstone Inc. (ORG) Blackstone (ORG) Bloomberg (ORG)
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