Blackstone is scheduled to report third-quarter 2026 results on October 22, with the consensus EPS estimate at $1.31, down roughly 14% year over year, and revenue projected near $3.36 billion for modest single-digit growth. Traders appear to price in limited upside after the firm posted a solid Q2 beat of $1.52 EPS on strong fee-related earnings and AUM expansion to $1.35 trillion, citing expectations for subdued realizations, softer performance fees, and rising expenses in the current period. Recent estimate revisions have tilted slightly lower, while shares have traded near 12-month lows amid broader private-market caution. The market-implied odds favor no beat, reflecting aggregated trader views on these near-term headwinds ahead of the release.