The Blackstone Group LP Beats
The Blackstone Group LP (BX) reported 2nd Quarter June 2018 earnings of $0.90 per share on revenue of $2.6 billion. The consensus earnings estimate was $0.73 per share on revenue of $1.7 billion. The Earnings Whisper number was $0.76 per share. Revenue grew 69.9% 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.