BlackRock Analysts Raise Their Forecasts Following Upbeat Earnings
BLKBlackRock(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 4.805billion,missingtheconsensusof4.805 billion, missing the consensus of 4.849 billion. Adjusted EPS increased 12% Y/Y to 10.36,beatingtheconsensusof10.36, 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 5.10andrepurchasedsharesworth5.10 and repurchased shares worth 500 million in the quarter."Organic growth was driven by private markets, retail active fixed income, and su ...