The Blackstone Group LP Misses
The Blackstone Group LP (BX) reported 4th Quarter December 2017 earnings of $0.71 per share on revenue of $1.9 billion. The consensus earnings estimate was $0.70 per share on revenue of $1.7 billion. The Earnings Whisper number was $0.74 per share. Revenue grew 19.9% on a year-over-year basis.
Blackstone Group LP is an alternative asset manager. It also provides financial advisory services, including corporate and mergers and acquisitions advisory, restructuring and reorganization advisory and fund placement services.