Blackstone Group (BX) Stock Rising Today After Earnings Beat

April 16, 2015 1:08 PM

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Blackstone Group (BX) Stock Rising Today After Earnings Beat

NEW YORK (TheStreet) -- Shares of Blackstone Group LP (BX - Get Report) are higher by 3.12% to $42.30 in pre-market trading on Thursday morning, after the private equity and investment firm reported its 2015 first quarter earnings results, which came in above what analysts were expecting for the period.

Blackstone said its economic net income improved by 99% $1.6 billion, or $1.37 per unit over the same period last year, compared to the $1.04 per unit analysts polled by Thomson Reuters were expecting.

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