Blackstone posts quarterly ENI per unit of 76 cents, modestly beating estimates

By Kitco News / October 18, 2018 / www.kitco.com / Article Link

NEW YORK, Oct 18 (Reuters) - Blackstone Group LP, the world's largest manager of alternative assets, on Thursday posted third-quarter economic net income (ENI) per unit of 76 cents, slightly ahead of analysts' expectations.

The mean forecast was for 74 cents, according to Thomson Reuters I/B/E/S. A year earlier, Blackstone reported ENI per share of 68 cents.

Blackstone owns financial data provider Refinitiv, a former Thomson Reuters Corp division, which is a client of Reuters News.

Reporting by Joshua Franklin in New York; Editing by Bernadette Baum

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
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