WASHINGTON (dpa-AFX) - Blackrock Inc. (BLK) released a profit for its second quarter that Increased from last year and beat the Street estimates.
The company's bottom line came in at $1.593 billion, or $10.19 per share. This compares with $1.495 billion, or $9.99 per share, last year.
Excluding items, Blackrock Inc. reported adjusted earnings of $1.883 billion or $12.05 per share for the period.
Analysts on average had expected the company to earn $10.60 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 12.9% to $5.423 billion from $4.805 billion last year.
Blackrock Inc. earnings at a glance (GAAP) :
-Earnings: $1.593 Bln. vs. $1.495 Bln. last year. -EPS: $10.19 vs. $9.99 last year. -Revenue: $5.423 Bln vs. $4.805 Bln last year.
Copyright(c) 2025 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2025 AFX News
