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BlackRock announced earnings per share of $10.03 on revenue of $4.82B. Analysts polled by Investing.com anticipated EPS of $9.28 on revenue of $4.59B.
BlackRock shares are up 25% from the beginning of the year, still down 1.27% from its 52 week high of $919.73 set on July 12. They are outperforming the S&P 500 which is up 16.32% from the start of the year.
BlackRock’s report follows an earnings beat by JPMorgan on Tuesday, who reported EPS of $3.78 on revenue of $31.4B, compared to forecasts EPS of $3.16 on revenue of $30B.
Goldman Sachs had beat expectations on Tuesday with second quarter EPS of $15.02 on revenue of $15.39B, compared to forecast for EPS of $9.96 on revenue of $12.04B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
