Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
BlackRock (BLK)
NYSE:BLK
Holding BLK?
Track your performance easily
Earnings Data
Report Date
Apr 11, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
10.85Last Year’s EPS
9.81Same Quarter Last Year
Strong Buy
Based on 15 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Jan 16, 2019
|% Change Since: 3.38%
|Next Earnings Date:Oct 16, 2018
Earnings Call Sentiment|Positive
BlackRock reported a strong quarter with record net inflows and significant growth in both revenue and operating income. The acquisition of Global Infrastructure Partners and growth in iShares and fixed income products contributed positively. However, challenges included higher expenses and a decline in technology services revenue. Overall, the positive aspects of record financial performance and strategic acquisitions outweigh the lowlights.Company Guidance
During the third quarter of 2024, BlackRock demonstrated remarkable financial performance, underpinned by several key metrics. The firm achieved $221 billion in net inflows, marking its strongest quarter ever. This resulted in a 15% year-over-year increase in quarterly revenue, reaching $5.2 billion, and a 26% rise in operating income to $2.1 billion. BlackRock also expanded its operating margin by 350 basis points year-over-year, achieving a margin of 45.8%. The firm reported earnings per share of $11.46, which was a 5% increase, despite a higher tax rate. Additionally, BlackRock's assets under management (AUM) reached nearly $11.5 trillion, supported by a robust 5% annualized organic base fee growth. The acquisition of Global Infrastructure Partners further boosted BlackRock's capabilities, adding $116 billion in client AUM and expected to contribute approximately $250 million in management fees in the fourth quarter. Overall, these metrics underscore BlackRock's strong growth trajectory and strategic focus on expanding its private markets and technology-driven offerings.Record-Breaking Net Inflows
BlackRock generated $221 billion of net inflows, the highest net flows quarter in the company's history, representing 8% annualized organic asset growth.
Strong Financial Performance
Quarterly revenue of $5.2 billion was 15% higher year-over-year, and operating income of $2.1 billion was up 26% year-over-year.
iShares and Fixed Income Growth
iShares' fixed income ETF assets now stand at over $1 trillion, nearly 40% higher than at year-end 2021. Fixed income delivered over $60 billion of net inflows.
Successful Acquisition of Global Infrastructure Partners
The acquisition tripled BlackRock's infrastructure AUM and is expected to add approximately $250 million of management fees in the fourth quarter of 2024.
Growth in Technology Services
Aladdin logged 15% ACV growth, consistent with long-term targets, and technology services revenue increased approximately 9% year-over-year.
Increase in Performance Fees
Performance fees of $388 million increased significantly from a year ago, reflecting strong alpha generation over the last 12 months.
---
BLK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
BLK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 15, 2025 | $963.17 | $1013.18 | +5.19% |
| Oct 11, 2024 | $950.88 | $985.38 | +3.63% |
| Jul 15, 2024 | $819.04 | $814.09 | -0.60% |
| Apr 12, 2024 | $772.39 | $750.22 | -2.87% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does BlackRock (BLK) report earnings?
BlackRock (BLK) is schdueled to report earning on Apr 11, 2025, TBA Not Confirmed.
What is BlackRock (BLK) earnings time?
BlackRock (BLK) earnings time is at Apr 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BLK EPS forecast?
BLK EPS forecast for the fiscal quarter 2025 (Q1) is 10.85.
---
