Blackstone Group Q4 Adj. EPS $1.07 Beats $0.95 Estimate, Sales $2.34B Miss $2.74B Estimate

Blackstone Group (NYSE:BX) reported quarterly earnings of $1.07 per share which beat the analyst consensus estimate of $0.95 by 12.63 percent. This is a 37.43 percent decrease over earnings of $1.71 per share from the same period last year. The company reported quarterly sales of $2.34 billion which missed the analyst consensus estimate of $2.74 billion by 14.60 percent. This is a 47.50 percent decrease over sales of $4.46 billion the same period last year.