BlackRock (BLK) Q4 Earnings Surpass Estimates
Zacks Equity Research
Fri, January 14, 2022, 2:34 PM·3 min read
BlackRock, Inc.’s BLK fourth-quarter 2021 adjusted earnings of $10.42 per share outpaced the Zacks Consensus Estimate of $10.23. The figure reflects a rise of 2.4% from the year-ago quarter.
Results benefited from an improvement in revenues, partly offset by higher expenses. Moreover, long-term net inflows supported growth in assets under management (AUM) balance, which was a major positive for the company.
Net income attributable to BlackRock (on a GAAP basis) was $1.64 billion, up 6.1% from the prior-year quarter.
For 2021, the company reported adjusted earnings of $39.18 per share, which outpaced the Zacks Consensus Estimate of $39.04. The figure reflects a year-over-year rise of 15.8%. Net income attributable to BlackRock was $5.90 billion, up 19.6% from the prior year.
...
https://finance.yahoo.com/news/blackrock...01269.html
Zacks Equity Research
Fri, January 14, 2022, 2:34 PM·3 min read
BlackRock, Inc.’s BLK fourth-quarter 2021 adjusted earnings of $10.42 per share outpaced the Zacks Consensus Estimate of $10.23. The figure reflects a rise of 2.4% from the year-ago quarter.
Results benefited from an improvement in revenues, partly offset by higher expenses. Moreover, long-term net inflows supported growth in assets under management (AUM) balance, which was a major positive for the company.
Net income attributable to BlackRock (on a GAAP basis) was $1.64 billion, up 6.1% from the prior-year quarter.
For 2021, the company reported adjusted earnings of $39.18 per share, which outpaced the Zacks Consensus Estimate of $39.04. The figure reflects a year-over-year rise of 15.8%. Net income attributable to BlackRock was $5.90 billion, up 19.6% from the prior year.
...
https://finance.yahoo.com/news/blackrock...01269.html
![[Bild: BLKd100978684i.png]](https://finviz.com/publish/011422/BLKd100978684i.png)
__________________