Blackstone Group (BX) Tops Q1 EPS by 4c; AUM Up 15%
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Blackstone Group (NYSE: BX) reported Q1 EPS of $0.55, $0.04 better than the analyst estimate of $0.51. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.13 billion.
Total AUM reached a record $218 billion, up 15% year-over-year with double-digit increases across all investing businesses, through a combination of strong inflows and carrying value appreciation.
Total cash and corporate treasury investments were $2.2 billion at quarter end, and total net value of cash and investments was $6.7 billion or $5.93 per DE unit.
For earnings history and earnings-related data on Blackstone Group (BX) click here.
Total AUM reached a record $218 billion, up 15% year-over-year with double-digit increases across all investing businesses, through a combination of strong inflows and carrying value appreciation.
Total cash and corporate treasury investments were $2.2 billion at quarter end, and total net value of cash and investments was $6.7 billion or $5.93 per DE unit.
For earnings history and earnings-related data on Blackstone Group (BX) click here.
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