Earnings / Asset Management
Blackstone Distributable Earnings Fall 13% to $1.32 a Share as Inflows of $63.3 Billion Lift Assets to $1.37 Trillion
The per-share result beat the $1.26 average estimate even as net realizations fell 34% to $332 million; fee-related earnings rose 6% to $1.57 billion as credit and insurance took in $35.8 billion.