15.07.2024 12:12:00 - dpa-AFX: Blackrock Inc. Q2 Profit Increases, Beats Estimates

WASHINGTON (dpa-AFX) - Blackrock Inc. (BLK) announced a profit for its
second quarter that increased from the same period last year and beat the
Street estimates.

The company's earnings totaled $1.495 billion, or $9.99 per share. This
compares with $1.366 billion, or $9.06 per share, in last year's second quarter.

Excluding items, Blackrock Inc. reported adjusted earnings of $1.550 billion or
$10.36 per share for the period.

Analysts on average had expected the company to earn $9.95 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 7.7% to $4.805 billion from $4.463
billion last year.

Blackrock Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $1.495 Bln. vs. $1.366 Bln. last year.
-EPS (Q2): $9.99 vs. $9.06 last year.
-Revenue (Q2): $4.805 Bln vs. $4.463 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
BLACKROCK CL. A DL -,01 928193 Frankfurt 782,400 19.08.24 21:00:52 -16,400 -2,05% 0,000 0,000 788,400 798,800

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