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BlackRock Q4 Beats Forecasts
BlackRock assets hit record $11.6 trillion in fourth quarter
BlackRock posted a 21% fourth quarter jump in profit after buoyant equity markets increased income from fees and drove its assets to a record high of $11.6 trillion, the world's largest money manager said on Wednesday.
BlackRock Q4 Beats Forecasts; Record AUM
Investment management giant BlackRock (NYSE:BLK) reported fourth-quarter and full-year earnings on Wednesday, Jan. 15, that topped analysts' consensus estimates on both top and bottom lines. BlackRock's adjusted earnings per share (EPS) for the quarter hit $11.
BlackRock Q4 Earnings: Record Inflows Fuel Revenue And Earnings Beat, AUM Hits $11.6 Trillion Milestone
BlackRock (BLK) reports strong Q4 results with 23% revenue growth and net inflow of $281 billion. AUM increases to $11.6 trillion.
BlackRock Stock Rises as Firm Sets Record for Assets Under Management
Key Takeaways BlackRock's assets under management surged 15% year-over-year to $11.55 trillion.The asset manager beat estimates for earnings and revenue in the period.CEO Larry Fink noted that this was the second straight quarter of record inflows for BlackRock.
BlackRock's Assets Hit Record Of Over $11 Trillion In Q4
BlackRock's assets reached a record in the fourth quarter of over $11 trillion, driven by a more than 20% profit increase. The world's largest money manager saw assets rise from nearly $10 trillion a year ago.
BlackRock’s Assets Rise 15% to Record $11.55 Trillion
BlackRock said in its fourth-quarter earnings report Wednesday that assets under management jumped to a record $11.55 trillion, up from $10 trillion a year ago. Analysts surveyed by FactSet had expected BlackRock to report a record $11.
BlackRock’s Assets Expected to Hit Fresh Record
Rising stock prices tend to bode well for BlackRock, the world’s largest money manager, as inflows boost the hundreds of funds it offers. The past quarter was likely no exception. Analysts tracked by FactSet expect the New York-based firm to report a record $11.
BlackRock Stock Gains Pre-Market After Hitting Record $11.6 Trillion In Assets: Retail Turns Extremely Bullish
BlackRock’s shares rose 3.3% in premarket trade on Wednesday after the company’s assets hit a record $11.6 trillion at the end of the fourth quarter. The world’s largest asset manager said it garnered a record net inflow of $641 billion in 2024,
BlackRock Executive Seen
BlackRock Shakes Up Leadership, Units as CEO Contender Exits: Memo
BlackRock is making key leadership changes and combining some teams internally, according to a memo to employees from CEO Larry Fink and President Rob Kapito. The changes follow several major private market-linked acquisitions at BlackRock in the past year: Global Infrastructure Partners,
BlackRock Executive Seen as Leading CEO Contender to Leave Firm
Over more than two decades at BlackRock, Wiedman was known for leading the integration of Barclays Global Investors and the iShares exchange-traded fund business after BlackRock a
BlackRock executive Mark Wiedman to leave firm, FT reports
Asset manager BlackRock's senior executive Mark Wiedman, who was touted to be a potential successor to CEO Larry Fink, is departing the firm, the Financial Times reported on Tuesday, citing four people close to the company.
9h
on MSN
BlackRock CEO says no acquisition targets planned for 2025: here’s why
BlackRock Inc chief executive Larry Fink says he doesn’t have any new acquisition target in mind for 2025. The world’s ...
15h
BlackRock: Strong Financial Performance Amidst Lingering Challenges Warrants Hold Rating
Brennan Hawken, an analyst from UBS, maintained the Hold rating on BlackRock (BLK – Research Report). The associated price target is ...
1d
BlackRock executive Mark Wiedman to leave firm, sources say
Asset manager BlackRock's senior executive Mark Wiedman, who was touted to be a potential successor to CEO Larry Fink, is ...
2d
BlackRock Makes New Funds Embedded With Annuities the Default for Its 401(k)
BlackRock Chief Executive Larry Fink has recently been sounding the alarm on a brewing retirement crisis in the U.S. Now his ...
15h
BlackRock’s Robust Growth and Strong Financial Performance Earns Buy Rating
Glenn Schorr, an analyst from Evercore ISI, maintained the Buy rating on BlackRock (BLK – Research Report). The associated price target was ...
13h
BlackRock, Inc. (BLK) Q4 2024 Earnings Call Transcript
BlackRock, Inc. ( NYSE: BLK) Q3 2024 Earnings Conference Call January 15, 2025 7:30 AM ET Christopher J. Meade - General Counsel Martin S. Small - Chief Financial Officer Laurence D. Fink - Chairman & ...
2d
Surging bond yields among 3 big things that could derail BlackRock's bullish stance on stocks
BlackRock Inc. remains "pro-risk," namely on overweight U.S. stocks, but sees surging longer Treasury yields as one of three ...
12h
on MSN
BlackRock CEO Larry Fink: It’s time for investors to rethink long-held principles about stocks and bonds
BlackRock made $25 billion of investments to strengthen its position in private markets, acquiring investment fund Global ...
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