BlackRock Analysts Raise Their Forecasts Following Upbeat Earnings
BlackRock(BLK) Benzinga·2024-07-16 20:31
Loading...Loading...BlackRock, Inc. BLK reported better-than-expected second-quarter earnings on Monday.Revenue growth of 8% Y/Y to $4.805 billion, missing the consensus of $4.849 billion. Adjusted EPS increased 12% Y/Y to $10.36, beating the consensus of $9.93, according to data from Benzinga Pro.BLK's Board of Directors paid a quarterly cash dividend per share of $5.10 and repurchased shares worth $500 million in the quarter."Organic growth was driven by private markets, retail active fixed income, and su ...