10:14 AM EDT, 10/23/2025 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.)

Blackstone (BX) shares fell nearly 5% in recent Thursday trading after the company posted lower-than-expected Q3 revenue.

The company reported Q3 distributable earnings Thursday of $1.52 per share, up from $1.01 a year earlier.

Analysts polled by FactSet expected $1.23.

Revenue for the quarter ended Sept. 30 was $3.09 billion, compared with $3.66 billion a year earlier.

Analysts polled by FactSet expected $3.11 billion.

Price: 156.11, Change: -5.61, Percent Change: -3.47