BLK
$439.18
Blackrock
$3.47
.80%
Earnings Details
2nd Quarter June 2019
Friday, July 19, 2019 6:15:00 AM
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Summary

Blackrock Misses

Blackrock (BLK) reported 2nd Quarter June 2019 earnings of $6.41 per share on revenue of $3.5 billion. The consensus earnings estimate was $6.52 per share on revenue of $3.6 billion. The Earnings Whisper number was $6.91 per share. Revenue fell 2.2% compared to the same quarter a year ago.

BlackRock Inc along with its subsidiaries, provides investment management services to institutional clients and to individual investors through various investment vehicles.

Results
Reported Earnings
$6.41
Earnings Whisper
$6.91
Consensus Estimate
$6.52
Reported Revenue
$3.52 Bil
Revenue Estimate
$3.55 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

BlackRock Reports Second Quarter 2019 Earnings

NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) today released its financial results for the second quarter of 2019. The company’s earnings release and supplemental materials are available via ir.blackrock.com/QuarterlyResults.

Teleconference, Webcast and Presentation Information

Chairman and Chief Executive Officer, Laurence D. Fink, President, Robert S. Kapito, and Chief Financial Officer, Gary S. Shedlin, will host a teleconference call for investors and analysts on Friday, July 19, 2019 at 8:30 a.m. (Eastern Time). Members of the public who are interested in participating in the teleconference should dial, from the United States, (800) 374-0176, or from outside the United States, (706) 679-8281, shortly before 8:30 a.m. ET and reference the BlackRock Conference Call (ID Number 5448987). A live, listen-only webcast will also be available via the investor relations section of www.blackrock.com.

Both the teleconference and webcast will be available for replay by 11:30 a.m. (Eastern Time) on Friday, July 19, 2019 and ending at midnight on Friday, August 2, 2019. To access the replay of the teleconference, callers from the United States should dial (855) 859-2056 and callers from outside the United States should dial (404) 537-3406 and enter the Conference ID Number 5448987. To access the webcast, please visit the investor relations section of www.blackrock.com.

About BlackRock

BlackRock’s purpose is to help more and more people achieve financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of June 30, 2019, the firm managed approximately $6.84 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock.

Samantha Tortora, Investor Relations
212.810.5397

Brian Beades, Media Relations
212.810.5596

 

Source: BlackRock, Inc.