Blackstone Inc. has reported a decline in their fourth-quarter earnings compared to the same time last year. The company's earnings amounted to $151.80 million, or $0.20 per share, a significant decrease from $557.85 million, or $0.75 per share, in the previous year's final quarter.
The firm also experienced a 24.1% reduction in their earnings for the quarter, bringing the revenue to $1.29 billion down from the previous year's $1.70 billion.
Looking at Blackstone Inc.'s earnings snapshot (based on GAAP), the earnings for the fourth quarter stand at $151.80 Million, a decrease from last year's $557.85 Million. The earnings per share (EPS) for the quarter is $0.20, compared to $0.75 in the same quarter the previous year. Revenue has also decreased in the fourth quarter, down to $1.29 Billion from last year's $1.70 Billion.
