© Reuters. BlackRock Earnings Beat, Revenue Misses In Q3
Investing.com – BlackRock (NYSE:) reported on Thursday third quarter that beat analysts’ forecasts and revenue that fell short of expectations.
BlackRock announced earnings per share of $9.55 on revenue of $4.31. Analysts polled by Investing.com anticipated EPS of $7.65 on revenue of $4.35B.
BlackRock shares are down 41% from the beginning of the year, still down 45.43% from its 52 week high of $973.16 set on November 12, 2021.
BlackRock follows other major Financial sector earnings this month
BlackRock’s report follows an earnings missed by FactSet Research on September 22, who reported EPS of $3.13 on revenue of $499.3M, compared to forecasts EPS of $3.21 on revenue of $487.34M.
Jefferies Financial had beat expectations on September 28 with third quarter EPS of $0.78 on revenue of $1.52B, compared to forecast for EPS of $0.65 on revenue of $1.36B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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