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BlackRock Earnings Beat, AUM Rises to $4 Trillion

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HFA Staff
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BlackRock, Inc. (NYSE:BLK) released its earnings report for the three months through September 30 this wronging before the market opened on Wall Street. The company showed earnings of $4.21 per share for the three month period on revenue totaling $2.47 billion. Later on today the company's shares will open at $282.27.

BlackRock Earnings Beat, AUM Rises to $4 Trillion

Analysts studying BlackRock, Inc. (NYSE:BLK) were looking for earnings per share of $3.89 on revenues totaling $2.5 billion. In the same three months of last year BlackRock earned $3.47 per share on revenue of $2.4 billion. BlackRock's beat this morning looks strong, but...

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.