BlackRock, Inc. (BLK) Q2 Tops EPS Estimates, But Misses On Revenue

BlackRock, Inc. (NYSE:BLK), the world's largest fund manager by assets, reported its earnings for the three months through June 2013 this morning before the markets opened. The company showed earnings of $4.15 per share on revenue of $2.48 billion for the three month period. BlackRock, Inc. (NYSE:BLK) stock closed at $272.29 per share on yesterday's market.

In the run up to the earnings announcement, analysts following the investment vehicle were looking for earnings of $3.82 per share on revenue of $2.49 billion. In the second quarter of 2012, the company...