BlackRock: Q4 EPS up 8%

(CercleFinance.com) - BlackRock, the world's leading asset manager, reports adjusted net income up 7% y-o-y to $1.
45bn for Q4 2023, or $9.66 per share (+8%).

The New York-based group's adjusted operating margin improved 0.4 point to 41.6% on revenues that are up 7% at $4.63bn, while its AuM grew by 11% to nearly $9,385bn.

Also announcing an agreement to acquire Global Infrastructure Partners (GIP), creating a world-class infrastructure investment platform, BlackRock says it is starting 2024 with vigorous momentum.


Copyright (c) 2024 CercleFinance.com. All rights reserved.