BlackRock, Inc. ($BLK) Announces $11.46 Profit For Q3, Surpass Analysts Expectation

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This morning before market open, BlackRock, Inc. (NYSE: BLK) disclosed its earnings report, giving investors an overview of the company’s performance during the third quarter.

In the latest quarter, the organization registered an adjusted income of $11.46 per share, grew 5.04 relative to the related quarter of prior year.

The revenues summing into $5197 million, improved 14.93 percent when looking at the exact quarter of last year.

The figures got better of the analysts estimated $10.38 profit per share along with the $5006.7 million in revenues.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Q3 2024 $11.46 +5.0% 5.20 B +14.9%
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

Throughout Thursday’s trading, BlackRock (BLK) shares fluctuated between $953.62 and $963.33, with a trading volume of 564.40 thousand shares. The stock ended the regular trading session at $955.59, reflecting drop of 0.03 percent.