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BlackStone LP - Earnings due 25th Pre-Market.

Image data - IG

By Minipip
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Blackstone Group LP is due to report Q4 earnings on the 25th of January before the bell.

Blackstone LP Stock is due to report earnings before the bell on the 25th with analyst expectations at $0.99c EPS. So far this year Blackstone is down 6% roughly. Looking at the chart, the stock has support below the 50-period moving average ($117), with further support at the 100-period moving average ($110). MACD is trending lower, but does show a possible divergence to move higher and change back positive. RSI currently reads 51 but points in a higher direction towards the upside suggesting higher momentum to come. Toward the upside Blackstone has minor resistance at $125.73 followed by the December 2023 highs at $133.00. It's also worth considering that Blackstone still trades 24% below its all-time highs too, giving possible scope for upside. Looking into ownership Vanguard has an 8.3% stake, State Street with a 3.8% stake, Morgan Stanley with a 2.9% stake, and Black Rock with a 2.2% share.

 


 

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