Sun, Dec 21, 2014, 1:59 AM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

The Blackstone Group L.P. Message Board

  • lee_woo_chi lee_woo_chi Jul 18, 2013 7:20 AM Flag


    The Blackstone Group reports another strong quarter.

    FORTUNE -- The Blackstone Group (BX) this morning crushed analyst expectations, reporting $703 million of economic net income for the second quarter. That works out to $0.62 per share, compared to expectations of around $0.52 per share. Blackstone reported earnings of just $0.19 per share in the year-earlier period.

    A big chunk of the increase came from investment performance fees, which grew to $258 million (they were just $68 million in Q2 2012). Most of that was in the form of net realized carried interest.

    Total assets under management hit a firm record of $230 billion, with double-digit growth over the past year in all of Blackstone's different investment verticals. Approximately $176 million of that AUM is characterized as "fee-earning."

    SortNewest  |  Oldest  |  Most Replied Expand all replies
34.34+0.03(+0.09%)Dec 19 4:04 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Under Armour, Inc.
NYSEFri, Dec 19, 2014 4:04 PM EST
ImmunoGen, Inc.
NASDAQFri, Dec 19, 2014 4:00 PM EST
3M Company
NYSEFri, Dec 19, 2014 4:04 PM EST