TPG’s distributable earnings beat target

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TPG Inc. said Wednesday it swung to a fourth-quarter loss of $10 million, or 3 cents a share, from net income of $235.8 million in the year-ago quarter prior...

TPG Inc. TPG said Wednesday it swung to a fourth-quarter loss of $10 million, or 3 cents a share, from net income of $235.8 million in the year-ago quarter prior to the private equity firm’s initial public offering. Fourth-quarter net income attributable to TPG Inc. was $24 million, down from $41 million in the year-ago quarter and $37 million in the third quarter.

TPG said Wednesday it swung to a fourth-quarter loss of $10 million, or 3 cents a share, from net income of $235.8 million in the year-ago quarter prior to the private equity firm’s initial public offering. Fourth-quarter net income attributable to TPG Inc. was $24 million, down from $41 million in the year-ago quarter and $37 million in the third quarter.

 

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