Blackstone’s (BX) first-quarter 2024 distributable earnings of 98 cents per share were in line with the Zacks Consensus Estimate. The figure reflects a rise of 1% from the prior-year quarter. Results have benefited from a rise in segment revenues and improvement in the assets under management (AUM) balance. However, higher GAAP expenses have hurt the results to some extent. Net income attributable to Blackstone was $847.4 million compared with$85.8 million in the year-ago quarter. Segment Revenues Improve, ...