The Blackstone Group reports another strong quarter.
FORTUNE -- The Blackstone Group (BX) this morning crushed analyst expectations, reporting $703 million of economic net income for the second quarter. That works out to $0.62 per share, compared to expectations of around $0.52 per share. Blackstone reported earnings of just $0.19 per share in the year-earlier period.
Total revenue climbed from $644 million in Q2 2012 to $1.4 billion in Q2 2013, of MORE