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Market Impact: 0.35

BlackRock (BLK) Tops Q2 Earnings and Revenue Estimates

BLK
Corporate EarningsAnalyst EstimatesCompany Fundamentals
BlackRock (BLK) Tops Q2 Earnings and Revenue Estimates

BlackRock reported quarterly EPS of $13.91, beating the Zacks consensus estimate of $12.67 by $1.24 (about 9.8%). This compares with $12.05 EPS a year earlier, indicating year-over-year growth of about 15.4%. The earnings beat is likely to be a modest positive catalyst for BLK shares.

Analysis

BlackRock reported quarterly EPS of $13.91, beating the Zacks consensus estimate of $12.67 by $1.24 (about 9.8%). This compares with $12.05 EPS a year earlier, indicating year-over-year growth of about 15.4%. The earnings beat is likely to be a modest positive catalyst for BLK shares.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.30

Ticker Sentiment

BLK0.65