By Alexander Bueso
Date: Friday 14 Jul 2023
LONDON (ShareCast) - (Sharecast News) - BlackRock easily surpassed analysts' estimates for second quarter profits, but net inflows fell short.
The fund manager said posted quarterly adjusted net earnings of $9.28.
That compared to $7.36 for the same period one year ago and analysts' estimates for $8.52.
Net asset inflows on the other hand underwhelmed, coming in at a pace of $80bn, instead of the $109bn anticipated on Wall Street.
The firm's top-line reflected dipped by 1% to $4.46bn (FactSet: $4.47bn).
Email this article to a friend
or share it with one of these popular networks:
Currency | US Dollars |
Share Price | $ 1,161.16 |
Change Today | $ -10.20 |
% Change | -0.87 % |
52 Week High | $1,202.59 |
52 Week Low | $815.72 |
Volume | 777,614 |
Shares Issued | 154.95m |
Market Cap | $179,919m |
Beta | 1.15 |
RiskGrade | 121 |
Strong Buy | 6 |
Buy | 10 |
Neutral | 2 |
Sell | 0 |
Strong Sell | 0 |
Total | 18 |
Time | Volume / Share Price |
15:59 | 100 @ $1,161.11 |
15:59 | 100 @ $1,161.70 |
15:59 | 137 @ $1,161.70 |
15:59 | 100 @ $1,161.70 |
15:57 | 100 @ $1,164.25 |
You are here: research