BlackRock Reports Earnings Exceeding Estimates by $1.22, Revenue Surpasses Expectations

BlackRock reported its third quarter earnings per share (EPS) at $11.46, surpassing the analyst estimate of $10.24 by $1.22. The company’s revenue for the quarter was $5.2 billion, exceeding the consensus estimate of $5.05 billion.

The stock price of BlackRock closed at $955.59. Over the past three months, it has increased by 15.41%, and it has risen by 50.21% over the past year.

In the last 90 days, BlackRock experienced both positive and negative EPS revisions. Moreover, its financial health score has been assessed as “good performance.”

For those interested in BlackRock’s recent performance and financial details, further information is available. Additionally, investors can stay informed about upcoming earnings reports through an earnings calendar.