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The Blackstone Group L.P. Q3 Profit Advances

The Blackstone Group L.P. (BX) released earnings for its third quarter that increased from last year.

The company's profit totaled $1.40 billion, or $1.94 per share. This compares with $794.72 million, or $1.13 per share, in last year's third quarter.

The company's revenue for the quarter rose 105.3% to $6.22 billion from $3.03 billion last year.

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

-Earnings (Q3): $1.40 Bln. vs. $794.72 Mln. last year.
-EPS (Q3): $1.94 vs. $1.13 last year.
-Revenue (Q3): $6.22 Bln vs. $3.03 Bln last year.

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