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Blackstone (BX) Reports In-Line Q2 EPS

July 16, 2015 7:05 AM

Blackstone (NYSE: BX) reported Q2 EPS of $0.43, in-line with the analyst estimate of $0.43. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.31 billion.

Distributable Earnings (“DE”) reached a second quarter record of $1.0 billion ($0.88/unit), up 35% from the same period last year, on $985 million of Realized Performance Fees, up 45% year-over-year.

Total Assets Under Management (“AUM”) reached a record $332.7 billion through a combination of continued strong and consistent fundraising, organic growth and above-market appreciation.

For earnings history and earnings-related data on Blackstone (BX) click here.

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