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BLK / BlackRock 2Q earnings beat estimates; revenue misses

BlackRock 2Q earnings beat estimates; revenue misses
BlackRock Inc (NYSE:BLK) Friday announced second-quarter 2023 adjusted earnings per share of $9.28, a 28% increase from a year earlier and above the forecast of $8.41 from analysts polled by Bloomberg. The company's overall revenue for the period fell 1% to $4.46 billion, missing the $4.48 billion consensus, even as rising inflows lifted assets under management at the world's largest money manager to $9.4 trillion, the Financial Times reported. Read More
Posted: Jul 14 2023, 09:24
Author Name: Proactive Investors
Views: 110631

BLK News  

Jobs Data Supports a Slowing Narrative: BlackRock's Rosenberg

By Bloomberg Markets and Finance
November 3, 2023

Jobs Data Supports a Slowing Narrative: BlackRock's Rosenberg

Jeffrey Rosenberg, systemic multi-strategy fund portfolio manager at BlackRock, examines the market implications of the US October jobs report on “B more_horizontal

BlackRock: A Dividend Grower On Sale

By Seeking Alpha
November 2, 2023

BlackRock: A Dividend Grower On Sale

BlackRock's assets under management (AUM) have fallen due to overall market weakness, but the company's latest earnings were decent overall. AUM was u more_horizontal

Higher Rate Regime Not Fully Priced In: BlackRock's Li

By Bloomberg Markets and Finance
November 2, 2023

Higher Rate Regime Not Fully Priced In: BlackRock's Li

BlackRock Global Chief Investment Strategist Wei Li says BlackRock is being selective in terms of deploying risk because equities have yet to fully pr more_horizontal

3 Investment Management Stocks to Look at Despite Industry Woes

By Zacks Investment Research
October 31, 2023

3 Investment Management Stocks to Look at Despite Industry Woes

Despite volatile asset flows and subdued market volatility, higher rates will aid Zacks Investment Management stocks like BlackRock (BLK), T. Rowe (TR more_horizontal

Why BlackRock's new Flexible Income ETF emphasizes

By CNBC Television
October 30, 2023

Why BlackRock's new Flexible Income ETF emphasizes "international" right now

(OPTIMIZED VIDEO SPECIFIC DESCRIPTION) » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeC more_horizontal

BlackRock's CIO on markets and what he calls

By CNBC Television
October 30, 2023

BlackRock's CIO on markets and what he calls "the polyurethane economy"

(OPTIMIZED VIDEO SPECIFIC DESCRIPTION) » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeC more_horizontal

Goldman Sachs hires BlackRock executive for unit serving third-party wealth product providers

By Reuters
October 30, 2023

Goldman Sachs hires BlackRock executive for unit serving third-party wealth product providers

Goldman Sachs' asset management arm hired Gregory Weiss from BlackRock to lead a business that sells managed accounts and index products to wealth man more_horizontal

Still thinking about buying 3M for its dividend? Consider this

By MarketBeat
October 30, 2023

Still thinking about buying 3M for its dividend? Consider this

Wall Street analysts typically go into hiding every three months when the long-awaited earnings season kicks off, making them earn their paychecks thr more_horizontal


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