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The Blackstone Group L.P. Reports Rise In Q1 Bottom Line

The Blackstone Group L.P. (BX) reported earnings for its first quarter that rose from the same period last year.

The company's profit totaled $481.30 million, or $0.71 per share. This compares with $367.87 million, or $0.53 per share, in last year's first quarter.

The company's revenue for the quarter rose 14.1% to $2.02 billion from $1.77 billion last year.

The Blackstone Group L.P. earnings at a glance:

-Earnings (Q1): $481.30 Mln. vs. $367.87 Mln. last year.
-EPS (Q1): $0.71 vs. $0.53 last year.
-Revenue (Q1): $2.02 Bln vs. $1.77 Bln last year.

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