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Blackstone posts 55 percent rise in second-quarter earnings

Blackstone, the largest foreman of alternative assets such as private equity and real estate, broke on Thursday second-quarter earnings per share rose 55 percent from one year ago.

Blackstone’s solvent net income per unit came in at 90 cents in the second quarter, vanguard of analysts’ expectations for 75 cents, according to Thomson Reuters I/B/E/S. That relates to 58 cents in the same period last year.

In January, Blackstone go together to buy a majority stake in the Financial and Risk business of Thomson Reuters, the originator of Reuters News, in a $20 billion deal. Reuters News whim remain part of Thomson Reuters.

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