BlackRock CEO Larry Fink on Tuesday said infrastructure is at the "beginning of a golden age" and that there's a need to invest trillions of dollars into power grids, AI and economic digitization.
BLK beats Q2 earnings estimates and posts record $12.52T AUM, but shares dip 6.4% despite strong revenue growth.
BlackRock, Inc. (NYSE:BLK ) Q2 2025 Earnings Conference Call July 15, 2025 7:30 AM ET Company Participants Christopher Joseph Meade - Senior MD, General Counsel & Chief Legal Officer Laurence Douglas Fink - Founder, CEO & Chairman Martin S. Small - Senior MD, CFO & Global Head of Corporate Strategy Conference Call Participants Alexander Blostein - Goldman Sachs Group, Inc., Research Division Benjamin Elliot Budish - Barclays Bank PLC, Research Division Brian Bertram Bedell - Deutsche Bank AG, Research Division Craig William Siegenthaler - BofA Securities, Research Division Daniel Thomas Fannon - Jefferies LLC, Research Division Michael J.
BlackRock (BLK) said its assets under management reached a record $12.5 trillion in the second quarter, though its revenue missed estimates, sending shares lower Tuesday.
An Asian institutional client pulled $52 billion from the asset manager during the second quarter, crimping net client inflows into the investment firm.
BlackRock Inc (NYSE:BLK) shares fell more than 5% after the investment firm reported a revenue miss for the second quarter, overshadowing better-than-expected earnings. Revenue for Q2 was $5.42 billion, up 13% from the year-ago quarter but slightly below the Wall Street consensus of about $5.44 billion.
BlackRock (BLK) came out with quarterly earnings of $12.05 per share, beating the Zacks Consensus Estimate of $10.71 per share. This compares to earnings of $10.36 per share a year ago.
I assign BlackRock a cautious Buy rating, confident in its long-term growth potential, strong market positioning, and robust revenue growth despite recent margin pressures. BlackRock's strategy of external growth through acquisitions, especially in infrastructure and private markets, is a key catalyst for future expansion and diversification. The company's solid financial structure, adaptability to market trends, and exposure to positive macroeconomic tailwinds support resilience and ongoing opportunity.
The financial sector will take center stage next Tuesday, July 15, with Q2 results from most of the major domestic banks set to be released.
BLK's Q2 earnings are set to rise, driven by record AUM, fee growth and strong investor inflows into ETFs and fixed income.
BlackRock (BLK) closed at $1 in the latest trading session, marking a +1.41% move from the prior day.
Does BlackRock (BLK) have what it takes to be a top stock pick for momentum investors? Let's find out.