BlackRock (BLK) shares climbed in premarket trading on Wednesday after the world's largest asset manager reported second-quarter earnings, revenue and assets under management that exceeded Wall Street expectations. The company reported adjusted net income of $2.3 billion for the quarter, up 22% from a year earlier, while assets under management (AUM) rose 22% year over year to a record $15.3 trillion, marking the first time the firm has crossed the $15 trillion milestone.
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BlackRock stock was gaining as it beat Wall Street expectations for earnings and assets under management.
BlackRock (BLK) is set to report its second-quarter earnings before the opening bell on Wednesday, July 15, with Wall Street expecting the world's largest asset manager to deliver another quarter of revenue and earnings growth. Analysts expect BlackRock to report earnings per share of $12.65, up 5.0% from a year earlier, on revenue of $6.74 billion, representing 24.4% year-over-year growth.
Investors interested in Financial - Investment Management stocks are likely familiar with Affiliated Managers Group (AMG) and BlackRock (BLK). But which of these two stocks presents investors with the better value opportunity right now?
BLK heads into Q2 earnings with revenue, earnings and AUM growth expected, as ETF demand and market gains are likely to have supported its performance.
Beyond analysts' top-and-bottom-line estimates for BlackRock (BLK), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2026.
In the latest trading session, BlackRock (BLK) closed at $1, marking a +2.96% move from the previous day.
On Thursday, July 9, BlackRock debuted the iShares Nasdaq 100 ETF (IQQ). IQQ marks a significant inflection point in the ETF market, as BlackRock looks to challenge the tried-and-true Invesco QQQ Trust Series I (QQQ).
BlackRock Inc (NYSE:BLK) reports second-quarter results before the bell on July 15, and UBS is telling clients this is a good time to be holding the stock. The bank's case: an attractive valuation paired with a rare combination of growth and defensiveness.
BlackRock (BLK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.