BlackRock: Q4 adjusted income 18%

(CercleFinance.com) - BlackRock has announced Q4 2022 adjusted income of 1.
35 billion dollars, down 18% y-o-y.

The business was down in the last three months of the year, with revenues falling 15% to 4.3 billion dollars and adjusted EBIT down 25% to 1.57 billion dollars.

Q4 adjusted EPS was $8.93, ahead of expectations, although down 16% from the same period a year ago.

BlackRock's FY adjusted net profit fell 14% to 5.4 billion dollars, resulting in adjusted EPS of $35.36, down 13%.


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