Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts,special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, healthcare, life sciences, infrastructure, enterprise tech and consumer, as well as consumer technologies. The firm considers investment in Asia and Latin America. It seeks to invest between $0.25 million and $900 million per transaction. It invests in companies with enterprise value between $500 million and $5000 million. It has a three year investment period. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. Blackstone Inc. was founded in 1985 and is headquartered in New York, New York with additional offices across Asia, Europe, North America and Central America.

Blackstone Inc.

Lazard Inc.’s LAZ second-quarter 2025 adjusted earnings per share of 52 cents beat the Zacks Consensus Estimate of 38 cents. This compared favorably with earnings of 49 cents per share in the year-ago quarter.
Lazard’s results were positively impacted by increases in revenues in the financial advisory and asset management sectors. A rise in assets under management (“AUM”) balances was another positive. However, a decrease in revenues in the corporate segment and elevated operating expenses acted as a spoilsport.
Lazard’s net income (GAAP) was $55.3 million, which rose 10.9% from the prior-year quarter's level.
Lazard’s Revenues Increase Y/Y
Quarterly operating revenues were $769.8 million, which rose 12.4% year over year. Further, the top line surpassed the Zacks Consensus Estimate of $688.5 million.
Lazard’s Expenses Increase
Operating expenses were $702.9 million, up 13.1% year over year.
The ratio of adjusted compensation expenses to operating revenues was 65.5, down from the year-earlier quarter’s 66. The ratio of adjusted non-compensation expenses to operating revenues was 20.4, down from the year-ago quarter’s 21.7.
Lazard’s Segmental Performance
Financial Advisory: The segment’s adjusted operating revenues were $491.4 million, up 20.4% from the year-earlier quarter.
Asset Management: Segmental adjusted operating revenues of $268.5 million increased 1.2% from the prior-year quarter.
Corporate: Adjusted operating revenues from this segment were $10 million, down 12.8% from the year-earlier quarter.
LAZ’s AUM Rises
As of June 30, 2025, the total AUM was $248.4 billion, which increased 1.5% from the prior-year quarter.
LAZ’s second quarter witnessed a market appreciation of $11.9 billion, foreign exchange appreciation of $8.4 billion and net inflows of $0.7 billion.
The average AUM in the reported quarter was $238.5 billion, down 2.8% year over year.
Lazard’s Balance Sheet Position Strong
The company’s cash and cash equivalents totaled $978.3 million as of June 30, 2025, up 7.7% from the prior quarter. Stockholders’ equity was $786.5 million, up 21.3% sequentially.
LAZ’s Share Repurchase Update
In the reported quarter, Lazard repurchased 0.9 million shares at an average price of $46.44 per share.
As of June 30, 2025, roughly $160 million of authorization remained available for repurchase.
Our View on LAZ
Lazard is focused on growing organically, as evidenced by an increase in revenues in the financial advisory and asset management segments. A strong liquidity position, along with higher AUM, will also aid its financials in the upcoming period. However, an unfavorable debt/equity ratio will likely make capital distributions unsustainable.
Lazard, Inc. Price, Consensus and EPS Surprise
Currently, Lazard carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Other Asset Managers
Blackstone’s BX second-quarter 2025 distributable earnings of $1.21 per share surpassed the Zacks Consensus Estimate of $1.10. The figure reflects a rise of 26% from the prior-year quarter.
BX’s results benefited from higher segment revenues and a rise in AUM balance. However, an increase in GAAP expenses was a headwind.
BlackRock’s BLK second-quarter 2025 adjusted earnings of $12.05 per share handily surpassed the Zacks Consensus Estimate of $10.66. The figure reflects a rise of 16% from the year-ago quarter.
BLK’s results benefited from a rise in revenues. AUM witnessed robust growth, reaching a record high of $12.52 trillion, driven by net inflows, market appreciation, and a favorable foreign exchange impact. However, higher expenses acted as a headwind.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Lazard Q2 Earnings Top Estimates, Advisory Revenue & AUM Rise Y/Y

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Coinbase Global Inc (Symbol: COIN), where a total of 140,602 contracts have traded so far, representing approximately 14.1 million underlying shares. That amounts to about 85.9% of COIN's average daily trading volume over the past month of 16.4 million shares. Particularly high volume was seen for the $450 strike call option expiring July 25, 2025, with 9,768 contracts trading so far today, representing approximately 976,800 underlying shares of COIN. Below is a chart showing COIN's trailing twelve month trading history, with the $450 strike highlighted in orange:
Uber Technologies Inc (Symbol: UBER) options are showing a volume of 128,127 contracts thus far today. That number of contracts represents approximately 12.8 million underlying shares, working out to a sizeable 75.8% of UBER's average daily trading volume over the past month, of 16.9 million shares. Particularly high volume was seen for the $94 strike call option expiring July 25, 2025, with 12,203 contracts trading so far today, representing approximately 1.2 million underlying shares of UBER. Below is a chart showing UBER's trailing twelve month trading history, with the $94 strike highlighted in orange:
And Blackstone Inc (Symbol: BX) options are showing a volume of 23,914 contracts thus far today. That number of contracts represents approximately 2.4 million underlying shares, working out to a sizeable 58.3% of BX's average daily trading volume over the past month, of 4.1 million shares. Particularly high volume was seen for the $100 strike put option expiring September 18, 2026, with 3,039 contracts trading so far today, representing approximately 303,900 underlying shares of BX. Below is a chart showing BX's trailing twelve month trading history, with the $100 strike highlighted in orange:
For the various different available expirations for COIN options, UBER options, or BX options, visit StockOptionsChannel.com.
Average Annual Return
Institutional Holders of DEIF
PBBI Insider Buying
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Notable Thursday Option Activity: COIN, UBER, BX

Below is Validea's guru fundamental report for BLACKSTONE INC (BX). Of the 22 guru strategies we follow, BX rates highest using our Multi-Factor Investor model based on the published strategy of Pim van Vliet. This multi-factor model seeks low volatility stocks that also have strong momentum and high net payout yields.
BLACKSTONE INC (BX) is a large-cap growth stock in the Investment Services industry. The rating using this strategy is 62% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of BLACKSTONE INC
More Information on Pim van Vliet
About Pim van Vliet: In investing, you typically need to take more risk to get more return. There is one major exception to this in the factor investing world, though. Low volatility stocks have been proven to outperform their high volatility counterparts, and do so with less risk. Pim van Vliet is the head of Conservative Equities at Robeco Asset Management. His research into conservative factor investing led to the creation of this strategy and the publication of the book "High Returns From Low Risk: A Remarkable Stock Market Paradox". Van Vliet holds a PhD in Financial and Business Economics from Erasmus University Rotterdam.
Additional Research Links
Wide Moat Stocks2023
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

BX Factor-Based Stock Analysis

The following companies are expected to report earnings prior to market open on 07/24/2025. Visit our Earnings Calendar for a full list of expected earnings releases.
Honeywell International Inc. (HON)is reporting for the quarter ending June 30, 2025. The diversified operations company's consensus earnings per share forecast from the 9 analysts that follow the stock is $2.64. This value represents a 6.02% increase compared to the same quarter last year. In the past year HON has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 13.57%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for HON is 22.75 vs. an industry ratio of 12.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Union Pacific Corporation (UNP)is reporting for the quarter ending June 30, 2025. The transportation (rail) company's consensus earnings per share forecast from the 8 analysts that follow the stock is $2.89. This value represents a 5.47% increase compared to the same quarter last year. Zacks Investment Research reports that the 2025 Price to Earnings ratio for UNP is 19.81 vs. an industry ratio of 15.20, implying that they will have a higher earnings growth than their competitors in the same industry.
Blackstone Inc. (BX)is reporting for the quarter ending June 30, 2025. The financial services company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.10. This value represents a 14.58% increase compared to the same quarter last year. BX missed the consensus earnings per share in the 2nd calendar quarter of 2024 by -3.03%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for BX is 35.36 vs. an industry ratio of 11.90, implying that they will have a higher earnings growth than their competitors in the same industry.
AMERIPRISE FINANCIAL SERVICES, LLC (AMP)is reporting for the quarter ending June 30, 2025. The finance/investment management company's consensus earnings per share forecast from the 6 analysts that follow the stock is $9.00. This value represents a 5.51% increase compared to the same quarter last year. AMP missed the consensus earnings per share in the 3rd calendar quarter of 2024 by -0.9%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for AMP is 14.29 vs. an industry ratio of 14.80.
Nasdaq, Inc. (NDAQ)is reporting for the quarter ending June 30, 2025. The securities exchange company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.80. This value represents a 15.94% increase compared to the same quarter last year. In the past year NDAQ has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 2.6%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for NDAQ is 27.45 vs. an industry ratio of 26.50, implying that they will have a higher earnings growth than their competitors in the same industry.
L3Harris Technologies, Inc. (LHX)is reporting for the quarter ending June 30, 2025. The aerospace and defense company's consensus earnings per share forecast from the 8 analysts that follow the stock is $2.48. This value represents a 23.46% decrease compared to the same quarter last year. In the past year LHX has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 3.88%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for LHX is 25.23 vs. an industry ratio of -1.20, implying that they will have a higher earnings growth than their competitors in the same industry.
Keurig Dr Pepper Inc. (KDP)is reporting for the quarter ending June 30, 2025. The beverages company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.49. This value represents a 8.89% increase compared to the same quarter last year. In the past year KDP has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2025 Price to Earnings ratio for KDP is 16.56 vs. an industry ratio of -25.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Valero Energy Corporation (VLO)is reporting for the quarter ending June 30, 2025. The oil refining company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.76. This value represents a 35.06% decrease compared to the same quarter last year. VLO missed the consensus earnings per share in the 3rd calendar quarter of 2024 by -11.63%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for VLO is 23.44 vs. an industry ratio of 12.30, implying that they will have a higher earnings growth than their competitors in the same industry.
Westinghouse Air Brake Technologies Corporation (WAB)is reporting for the quarter ending June 30, 2025. The transportation company's consensus earnings per share forecast from the 5 analysts that follow the stock is $2.18. This value represents a 11.22% increase compared to the same quarter last year. WAB missed the consensus earnings per share in the 4th calendar quarter of 2024 by -2.89%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for WAB is 24.19 vs. an industry ratio of 12.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Tractor Supply Company (TSCO)is reporting for the quarter ending June 30, 2025. The retail company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.80. This value represents a 1.27% increase compared to the same quarter last year. The last two quarters TSCO had negative earnings surprises; the latest report they missed by -8.11%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for TSCO is 28.22 vs. an industry ratio of 6.50, implying that they will have a higher earnings growth than their competitors in the same industry.
Dover Corporation (DOV)is reporting for the quarter ending June 30, 2025. The machinery company's consensus earnings per share forecast from the 7 analysts that follow the stock is $2.39. This value represents a 1.27% increase compared to the same quarter last year. In the past year DOV has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 3.02%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for DOV is 20.25 vs. an industry ratio of 20.70.
CenterPoint Energy, Inc. (CNP)is reporting for the quarter ending June 30, 2025. The electric power utilities company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.38. This value represents a 5.56% increase compared to the same quarter last year. Zacks Investment Research reports that the 2025 Price to Earnings ratio for CNP is 21.58 vs. an industry ratio of 29.30.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Pre-Market Earnings Report for July 24, 2025 : HON, UNP, BX, AMP, NDAQ, LHX, KDP, VLO, WAB, TSCO, DOV, CNP

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Growth ETF (Symbol: IWF) where we have detected an approximate $324.5 million dollar outflow -- that's a 0.3% decrease week over week (from 262,000,000 to 261,250,000). Among the largest underlying components of IWF, in trading today Blackstone Inc (Symbol: BX) is up about 1.2%, CrowdStrike Holdings Inc (Symbol: CRWD) is off about 1.5%, and American Tower Corp (Symbol: AMT) is lower by about 0.5%. For a complete list of holdings, visit the IWF Holdings page » The chart below shows the one year price performance of IWF, versus its 200 day moving average:
Looking at the chart above, IWF's low point in its 52 week range is $308.67 per share, with $437.39 as the 52 week high point — that compares with a last trade of $433.29. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
PW Insider Buying
HD Next Dividend Date
MRTN Options Chain
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

IWF, BX, CRWD, AMT: Large Outflows Detected at ETF

In afternoon trading on Wednesday, Financial stocks are the best performing sector, higher by 0.5%. Within the sector, Apollo Global Management Inc (new (Symbol: APO) and Blackstone Inc (Symbol: BX) are two large stocks leading the way, showing a gain of 3.9% and 3.1%, respectively. Among financial ETFs, one ETF following the sector is the Financial Select Sector SPDR ETF (Symbol: XLF), which is up 0.5% on the day, and up 8.08% year-to-date. Apollo Global Management Inc (new, meanwhile, is down 7.75% year-to-date, and Blackstone Inc, is down 3.06% year-to-date. Combined, APO and BX make up approximately 2.5% of the underlying holdings of XLF.
The next best performing sector is the Consumer Products sector, higher by 0.4%. Among large Consumer Products stocks, Tesla Inc (Symbol: TSLA) and J.M. Smucker Co. (Symbol: SJM) are the most notable, showing a gain of 2.9% and 2.0%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is up 0.6% in midday trading, and up 7.40% on a year-to-date basis. Tesla Inc, meanwhile, is down 20.80% year-to-date, and J.M. Smucker Co., is down 1.40% year-to-date. SJM makes up approximately 0.5% of the underlying holdings of IYK.
Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom:
Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, six sectors are up on the day, while two sectors are down.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Wednesday Sector Leaders: Financial, Consumer Products

BlackRock BLK became the first asset manager to surpass $12 trillion in assets under management (AUM), reaching a record $12.53 trillion in the second quarter of 2025. This majorly drove the company’s adjusted earnings of $12.05 per share, which surpassed the Zacks Consensus Estimate of $10.66 and jumped 16% from the year-ago quarter.
Further, BLK’s total revenues (on a GAAP basis) of $5.42 billion increased 13% year over year. However, the figure marginally lagged the Zacks Consensus Estimate of $5.43 billion.
Nonetheless, BlackRock shares tumbled 5.9% during yesterday’s trading session after the company reported that a large Asian institutional client pulled $52 billion from a low-cost index strategy. As such, the company’s long-term net inflows of $46 billion in the quarter were down 10% year over year.
Higher AUM Driving BlackRock’s Revenue Growth
The primary driver for the increase in BLK’s top line was the record AUM balance, which was up 18% year over year. The investment management giant achieved this milestone backed by surging U.S. stock markets and robust net client inflows. Further, higher technology services and subscription revenues offered support.
At the start of the quarter, Trump’s surprise tariffs triggered sharp market volatility, with stocks plunging and bond markets shaken. A week later, a 90-day tariff pause eased concerns, leading to a recovery in the S&P 500 and global markets. Hence, BlackRock reported total net inflows of $68 billion in the quarter, driven by $22 billion into cash and money-market funds, $14 billion into digital asset ETFs and $9.8 billion into alternative investments.
Long known for its low-cost stock and bond offerings, BlackRock is steadily expanding its presence in private markets.
BLK’s Net Inflows Trend
Image Source: BlackRock Inc.
Thus, BlackRock’s investment advisory and administration fees (the main and largest revenue component) jumped 15% from the prior-year period to $4.28 billion. Further, technology services and subscription revenues surged 26% to $499 million.
However, performance fees plunged 43% to $94 million.
BLK’s Adjusted Operating Income Rises
Total expenses were $3.69 billion, jumping 23%. The uptick was mainly due to an increase in employee compensation and benefits, which rose 17%.
Further, non-operating income (on a GAAP basis) was $521 million, surging substantially from $214 million in the prior-year quarter.
Hence, this Zacks Rank #2 (Buy) company’s adjusted operating income of $2.1 billion climbed 12% from the prior-year quarter. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Upcoming Release Dates & Earnings Expectations of BLK’s Peers
Invesco IVZ is scheduled to announce second-quarter 2025 numbers on July 22. It sports a Zacks Rank of 1.
Over the past week, the Zacks Consensus Estimate for IVZ’s quarterly earnings has been raised 2.6% to 39 cents. However, the figure implies a fall of 9.3% from the prior-year number. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)
Blackstone BX is slated to report second-quarter 2024 results on July 24. The stock carries a Zack Rank #3 (Hold).
Over the past seven days, the Zacks Consensus Estimate for BX’s quarterly earnings has remained unchanged at $1.09. The figure indicates 13.5% growth from the prior-year quarter.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

BlackRock's AUM Touches Record $12.53T as Q2 Earnings Top Estimates

Monday, July 14, 2025
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Eli Lilly and Co. (LLY), Netflix, Inc. (NFLX) and GE Aerospace (GE), as well as two micro-cap stocks Willis Lease Finance Corp. (WLFC) and Flanigan's Enterprises, Inc. (BDL). The Zacks microcap research is unique as our research content on these small and under-the-radar companies is the only research of its type in the country.
These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
You can see all of today’s research reports here >>>
Ahead of Wall Street
The daily 'Ahead of Wall Street' article is a must-read for all investors who would like to be ready for that day's trading action. The article comes out before the market opens, attempting to make sense of that morning's economic releases and how they will affect that day's market action. You can read this article for free on our home page and can sign up there to get an email notification, as this article comes out each morning.
You can read today's AWS here >>> Big Week of Inflation Data, Q2 Earnings Reports
Today's Featured Research Reports
Eli Lilly’s shares have outperformed the Zacks Large Cap Pharmaceuticals industry over the year-to-date period (+3.1% vs. +1.8%). The demand for the company’s popular GLP-1 drugs, Mounjaro and Zepbound, remains strong, making them the company’s key top-line drivers. Although their sales fell below expectations in the second half of 2024, they increased in the first quarter, driven by the launch of the drugs in new international markets and improved supply.
In the past two years, Lilly received approvals for some new drugs like Kisunla, Omvoh and Jaypirca, which are also contributing to its top-line growth. Lilly is also making rapid pipeline progress in obesity and diabetes.
Declining sales of Trulicity, rising pricing pressure on some drugs and potential competition in the GLP-1 space are some top-line headwinds. Estimates have declined ahead of Q2 results. Lilly has a mixed record of earnings surprises in recent quarters
(You can read the full research report on Eli Lilly here >>>)
Shares of Netflix have outperformed the Zacks Broadcast Radio and Television industry over the year-to-date period (+39.7% vs. +29.9%). The company is benefiting from its growing subscriber base, thanks to a robust localized and foreign-language content portfolio and healthy engagement levels with about two hours of viewing per member per day, indicating strong member retention.
NFLX's advertising tier now accounts for more than 55% of new sign-ups in available markets. NFLX has set an ambitious target to double its revenues by 2030 and reach a $1 trillion market capitalization, supported by a diversified content strategy, including international programming, live events, and gaming initiatives.
The 2025 content slate with returning hit shows like Squid Game, Wednesday and Stranger Things hold promise. However, stiff competition in the streaming space from Apple, Amazon Prime Video and Disney+ is a headwind.
(You can read the full research report on Netflix here >>>)
GE Aerospace’s shares have outperformed the Zacks Aerospace - Defense industry over the year-to-date period (+53.6% vs. +24.7%). The company has been witnessing strength in its businesses, driven by robust demand for commercial engines, propulsion and additive technologies. Rising U.S. & international defense budgets, positive airline & airframer dynamics and robust demand for commercial air travel augur well for the company.
GE Aerospace’s portfolio-reshaping actions are likely to unlock values for its shareholders. For 2025, GE Aerospace expects organic revenues to grow in the low-double-digit range from the year-ago level.
However, GE has been dealing with high costs and expenses related to certain projects and restructuring activities, which are likely to affect its margins and profitability. GE Aerospace faces sustained pressure from supply-chain issues, high tariffs and labor shortages. Also, foreign exchange headwinds might be worrying for the company.
(You can read the full research report on GE Aerospace here >>>)
Shares of Willis Lease Finance have outperformed the Zacks Transportation - Equipment and Leasing industry over the past year (+93.2% vs. -13.1%). This microcap company with a market capitalization of $1.06 billion is strategically positioned in the growing global aircraft leasing market, with 81% of its $3 billion portfolio focused on narrowbody engines, the sector's most active segment. Joint ventures in Ireland and China enhance global reach.
In Q1 2025, WLFC posted record revenues of $157.7 million, driven by strong lease rent and maintenance reserves. The company continues to lead in leasing CFM56 and V2500 engines, while expanding into modern LEAP and GTF platforms, supported by the ConstantThrust program. Financially, WLFC maintains a 25 cents/share dividend, with $41 million in operating cash flow and reduced leverage.
However, elevated debt, rising interest costs, supply chain delays, and reliance on short-term leases pose risks to revenue visibility and asset utilization. Shares are down -33.7% YTD but up +91.7% in the past year. Valuation remains modest relative to peers.
(You can read the full research report on Willis Lease Finance here >>>)
Flanigan's shares have outperformed the Zacks Retail - Restaurants industry over the past year (+36.9% vs. +18%). This microcap company with a market capitalization of $61.8 million offers exposure to a dual-format restaurant and liquor retail model, with strong pricing power and expansion potential. Revenues in second-quarter fiscal 2025 rose 11.6% to $53.6 million, supported by strategic price increases and new unit growth.
Liquor retail posted 18.8% sales growth with 28.1% gross margins in the fiscal second quarter, offering capital-light, high-return on investment (ROI) expansion. Operating cash flow surged to $5.7 million in the first half of fiscal 2025 from $2.1 million in the prior year, enabling internal reinvestment.
However, cost inflation and limited operating leverage constrain margin expansion, with muted same-store sales growth and digital capabilities lagging. Despite structural risks, the stock trades at a discount, suggesting potential value if growth and margin stability can be sustained.
(You can read the full research report on Flanigan's here >>>)
Other noteworthy reports we are featuring today include Chevron Corp. (CVX), The Boeing Co. (BA) and Blackstone Inc. (BX).
Mark Vickery
Senior Editor
Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>
Today's Must Read
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Permian Strength Supports Chevron's (CVX) Production Growth
The Zacks analyst believes that Chevron's focus on the Permian Basin has been instrumental in its attractive production growth but the pending Hess deal remains an overhang.
Increasing Defense Orders Drive Boeing (BA), Amid Labor Shortage
Per the Zacks analyst, Boeing is likely to benefit from increasing orders from the U.S. government for its defense systems. Yet labor shortage result in delays and likely impact operating results.
AUM, Global Presence Aid Blackstone (BX), High Costs a Woe
Per the Zacks analyst, robust AUM, strong revenue mix, global footprint and diverse offerings will likely support Blackstone's financials. Yet, high expenses and volatile earnings are headwinds.
Solid Asia Operation Aid Manulife (MFC), High Expenses Ail
Per the Zacks analyst, Manulife is set to grow on strong Asian business as well as expansion of Wealth and Asset Management business. However, increase in expenses weighing on margin concern.
Sales Improving Plans Aid D.R. Horton (DHI), Macro Risks Hurt
Per the Zacks analyst, D.R. Horton is gaining from sales incentives offerings and improved cycle times. However, the softness in housing demand due to ongoing macro risks is concerning.
Delta Airlines (DAL) Rides on Air Travel Demand, Labor Costs Ail
Per the Zacks Analyst, strong international travel demand and diversified revenues streams is aiding Delta Air Lines' top-line growth. However, increased labor costs weigh on the bottom line.
AUM Growth Aids T. Rowe (TROW), Rising expenses Ail
Per the Zacks analyst, rising Asset Under Management (AUM) balance supports T. Rowe Price's financials. Yet, rising expenses remain a concern.
New Upgrades
Strength in HVAC & Controls Benefits Johnson Controls (JCI)
Per the Zacks analyst, continued demand HVAC platform and strength in controls businesses within the Building Solutions North America segment is likely to drive Johnson Controls' revenues.
Infrastructure Investments, Clean Assets Aid NiSource (NI)
Per the Zacks analyst, NiSource' investment of around $19.4 billion through 2029, will strengthen its infrastructure, and adding more clean assets in generation portfolio will drive its performance.
Aerospace, Industrial Strength Drive Woodward's (WWD) Surge
Per the Zacks analyst, Woodward's Aerospace unit is gaining from defense demand and solid commercial aftermarket, while the Industrial unit is thriving on strong power and data center demand.
New Downgrades
Low Liquidity and Nil Dividend Payout Ails Avis Budget (CAR)
Per the Zacks analyst, Avis Budget's low liquidity stems from its limited cash flow generation due to hefty cash usage in the vehicle program. A nil dividend payout deters income-seeking investors.
The J. M. Smucker (SJM) Remains Troubled by Cost Inflation
Per the Zacks analyst, The J. M. Smucker is seeing high costs. Management expects fiscal 2026 adjusted gross profit margin to be hurt by higher commodity and manufacturing costs and negative volume.
Regulatory Headwinds, Stiff Competition Ail Surmodics (SRDX)
The Zacks analyst is worried about Surmodics' products and business activities being subject to a complex set of regulations. A tough competitive space is an added concern.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include
Stock #1: A Disruptive Force with Notable Growth and Resilience
Stock #2: Bullish Signs Signaling to Buy the Dip
Stock #3: One of the Most Compelling Investments in the Market
Stock #4: Leader In a Red-Hot Industry Poised for Growth
Stock #5: Modern Omni-Channel Platform Coiled to Spring
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Top Research Reports for Eli Lilly, Netflix & GE Aerospace

Below is Validea's guru fundamental report for BLACKSTONE INC (BX). Of the 22 guru strategies we follow, BX rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibit characteristics associated with sustained future growth.
BLACKSTONE INC (BX) is a large-cap growth stock in the Investment Services industry. The rating using this strategy is 55% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of BLACKSTONE INC
More Information on Partha Mohanram
About Partha Mohanram: Sometimes the best investing strategies don't come from the world of investing. Sometimes research that changes the investing world can come from the halls of academia. Partha Mohanram is a great example of this. While academic research has shown that value investing works over time, it has found the opposite for growth investing. Mohanram turned that research on its head by developing a growth model that produced significant market outperformance. His research paper "Separating Winners from Losers among Low Book-to-Market Stocks using Financial Statement Analysis" looked at the criteria that can be used to separate growth stocks that continue their upward trajectory from those that don't. Mohanram is currently the John H. Watson Chair in Value Investing at the University of Toronto and was previously an Associate Professor at the Columbia Business School.
Additional Research Links
Wide Moat Stocks2023
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Validea Detailed Fundamental Analysis - BX

(RTTNews) - Warehouse REIT announced its switch of recommendation in response to increased Blackstone offer. Under the terms of the increased Blackstone offer, Warehouse REIT shareholders will be entitled to receive 113.4 pence in cash per share. Also, Warehouse REIT shareholders will be entitled to receive and retain the Warehouse July dividend. The total transaction value of the increased Blackstone offer is 115.0 pence per Warehouse share.
The Warehouse Independent Directors have withdrawn their recommendation that Warehouse shareholders vote in favour of the BBOX Offer, and recommended unanimously that Warehouse shareholders accept the increased Blackstone offer. On 25 June 2025, the boards of Tritax Big Box REIT plc and Warehouse REIT announced that they had reached agreement on the terms of a recommended cash and share offer pursuant to which BBOX will acquire the entire issued and to be issued ordinary share capital of Warehouse.
Neil Kirton, the Chair of Warehouse REIT, said: "The Warehouse Independent Directors have carefully evaluated both offers. The Increased Blackstone offer provides Warehouse REIT shareholders with a certain all-cash offer, at a premium to the BBOX offer, which comprises a mixed consideration of new BBOX shares and cash, and the Warehouse Independent Directors now switch their recommendation in favour of the Increased Blackstone offer accordingly."
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Blackstone Inc.

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