UPDATE: BlackRock Q3 Profit Surges 14%

BlackRock BLK reported a 14% gain in its third-quarter profit. BlackRock's quarterly profit surged to $730 million, or $4.21 per share, from $642 million, or $3.65 per share, in the year-ago period. Excluding one-time items, it earned $3.88 per share. Its revenue gained 6.6% to $2.47 billion. However, analysts were expecting a profit of $3.88 per share on revenue of $2.48 billion. BlackRock shares closed at $282.27 yesterday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsprofit
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!