Investing.com – Blackstone (NYSE:BX) reported third quarter results before the opening bell on Thursday that beat on both the top and bottom line.
Earnings-per-share came in at $0.56, topping consensus expectations of $0.54.
The asset manager increased third quarter revenues by 22.4% from the same period last year to $1.75 billion, compared to forecasts for $1.40 billion.
Shares rose 1.37% in pre-market trade to $33.95 from Wednesday’s closing price of $33.49.