🟢 Blackstone Group is trading 4.08% up today after distributable earnings topped analyst estimates

Blackstone Group is trading at $114.04, up 4.08%, after third-quarter distributable earnings per share beat the analyst average.

• Distributable earnings were $1.32 per share versus the $1.26 analyst average; inflows reached $63 billion and AUM was $1.37 trillion.
• The report was mixed: earnings declined year over year and revenue missed estimates, while strong inflows and fee-related earnings offered positives. Broader markets were lower.