Blackstone Reports Third-Quarter Revenue of $3.06B, EPS of $0.83
Blackstone’s revenue edged lower year over year as weaker investment income and incentive fees outweighed higher management and advisory fees. Net income attributable to the company and diluted EPS increased, supported by lower expenses.
Blackstone’s third-quarter revenue edged lower year over year as weaker investment income and incentive fees more than offset higher management and advisory fees. Net income attributable to Blackstone Inc. and diluted earnings per share increased, while lower expenses supported earnings growth.Fina…