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The Blackstone Group (BX) Tops Q1 EPS by 10c; Declares $0.10 Qtr. Distribution; 2.1% Yield

April 21, 2011 8:42 AM EDT
The Blackstone Group (NYSE: BX) reported Q1 EPS of $0.51, $0.10 better than the analyst estimate of $0.41. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $1.04 billion.

The Blackstone Group L.P. has declared a quarterly distribution of $0.10 per common unit, $0.40 annualized.

The distribution is payable May 31, 2011, to record holders of common units at the close of business on May 16, 2011, with an ex-distribution date of May 12, 2011.

Yield on the distribution is 2.1 percent.


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