More on Blackstone (BX) Q1 earnings: Economic net income of $0.55, up 25% Y/Y. Fee revenue +3%...


More on Blackstone (BX) Q1 earnings: Economic net income of $0.55, up 25% Y/Y. Fee revenue +3% Y/Y, performance fees +57% Y/Y, investment income +62% Y/Y. Advisory fees off 12% Y/Y - slower M&A and fewer P-E fund closings. Fee-earning AUM up 9% Y/Y to $171B. Just $325M put to work in P-E in Q1. "Dry powder" of $35.8B. Shares +3% premarket. (PR)

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Comments (1)
  • Grillo Capital Management
    , contributor
    Comments (17) | Send Message
     
    BX paying $0.30 per share for Q1 div. 5.9% forward div!!!
    18 Apr 2013, 12:21 PM Reply Like
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