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BlackRock Earnings Beat, Revenue Inline In Q4 -Breaking

by Mike Robinson

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© Reuters. BlackRock Earnings Beat, Revenue Inline In Q4

BlackRock (NYSE 🙂 announced Friday its fourth quarter results. They beat analysts’ predictions and had revenue in line with their expectations.

BlackRock reported earnings per share at $10.42 for revenue of $5.11B. Investing.com polled analyst to predict EPS at $10.06 on $5.11B revenue.

BlackRock shares fell 5% over the first year but are up 10.85% since its 52-week peak of $973.16, which was set November 12, 2021. They are under-performing the S&P 500 which is down 2.25% from the start of the year.

BlackRock continues to follow other Financial Sector earnings this Month

BlackRock follows an earnings beat of FactSet Research, December 21st 2021. They reported EPS at $3.25 per revenue of $424.81M. This compares to Forecasts EPS at $2.99 for revenue of $419.37M.

Jefferies Financial disappointed with Wednesday’s fourth quarter earnings of $1.2 on revenues of $1.81B. That compares to $1.31 per cent forecasted for revenue of $1.88B.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

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