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Blackstone's quarterly profit, reported as economic net income after taxes because it excluded charges tied to its 2007 initial public offering, amounted to 46 cents a stock unit.
The company said that its adjusted loss, which excluded charges for restructuring, management transition and some pension plan expenses, was $1.95 a share.
Comparable adjusted fourth-quarter 2011 earnings of 52 cents per share excluded charges of $1.23 per share, primarily related to the valuation of pension plans.
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Analyst estimates generally exclude charges.
Excluding charges, Dell earned 30 cents a share.
Excluding charges, its profit met Wall Street expectations.
The company said it earned 42 cents a share excluding charges.
Excluding charges, earnings reached $1.54 billion, or $2.39 a share.
Excluding charges, the loss was 35 cents a share.
Excluding charges, the adjusted profit was $1.18 a share.
The earnings exclude charges and other special items.
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