BlackRock (NYSE:BLK) reported its Q2 earnings results on Friday, July 15, 2022 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
BlackRock missed estimated earnings by 6.84%, reporting an EPS of $7.36 versus an estimate of $7.9.
Revenue was down $294.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.37 which was followed by a 3.85% drop in the share price the next day.
Here’s a look at BlackRock’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 9.15 | 10.15 | 9.35 | 9.36 |
| EPS Actual | 9.52 | 10.42 | 10.95 | 10.03 |
| Revenue Estimate | 4.89B | 5.17B | 4.90B | 4.61B |
| Revenue Actual | 4.70B | 5.11B | 5.05B | 4.82B |
To track all earnings releases for BlackRock visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
