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BlackRock earnings report beats highest estimates

BlackRock 1Q adj. EPS $5.25, est. $4.89 (range $4.63-$5.07).

1Q rev. $2.82b, est. $2.86b (range $2.77b-$2.91b).

Assets under management $5.42t, est. $5.36t.

1Q operating margin 40.6%.

This can support the stocks market, and it is highly positive for the BlackRock’s stocks

Source: Bloomberg

Trader Nikolay Georgiev


 Varchev Traders


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