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DANMARKS STØRSTE INVESTORSITE MED DEBAT, CHAT OG NYHEDER

BlackRock Q3 EPS, Revenue Beat Consensus

13/10 12:17


  • (PLX AI) – BlackRock Q3 EPS USD 10.89 vs. estimate USD 9.34.
  • • Q3 revenue USD 5,050 million vs. estimate USD 4,807 million
  • • Q3 net income USD 1,681 million vs. estimate USD 1,458 million
  • • $98 billion of long-term net inflows driven by continued momentum in ETFs and active strategies, with total net inflows of $75 billion reflecting outflows from low-fee cash management and advisory AUM
  • • Says 16% increase in revenue year-over-year reflects strong organic growth and 13% growth in technology services revenue, despite lower performance fees