On Friday 11th October 2024, BlackRock (NYSE: BLK) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur before market open.
The financial experts on Wall Street are predicting that the firm will likely report an estimated $10.20 profit per share for the third quarter. Additionally, it is anticipated that the company will reveal a $4.94 billion revenue during the quarter.
Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $20.08 billion. Additionally, they expect the company to report per share profit of $41.64 for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $10.91. This figure was a result of the company's total revenue, which reached an impressive $4.52 billion million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $10.36 | +11.6% | 4.81 B | +7.7% |
| Q1 2024 | $9.81 | +23.7% | 4.73 B | +11.4% |
| Q4 2023 | $9.66 | +8.2% | 4.63 B | +6.8% |
| Q3 2023 | $10.91 | +14.2% | 4.52 B | +4.9% |
| Q2 2023 | $9.28 | +26.1% | 4.46 B | -1.4% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 11th October 2024 at 07:30 AM eastern time, in a conference call with public.
BlackRock (BLK) shares traded as low as $931.03 and as high as $955.65 on a day volume of 491.70 thousand shares, closed Friday's regular trading session at $949.19, decline of 0.24 percent.
