Blackrock: contrasted quarterly results.

(CercleFinance.com) - On Wednesday before Wall Street opened BlackRock reported mixed results for the last quarter of its fiscal year.


The US asset management giant posted adjusted EPS of 5.23 dollars, compared with 3.92 dollars a year before. Excluding non-recurrent items, EPS was 5.25 dollars, well above the consensus of 4.89 dollars.

However, revenues were slightly disappointing; although up from 2.62 billion dollars to 2.82 billion dollars, analysts were actually expecting them to reach around 2.86 billion dollars.


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