BlackRock (BLK) Tops Q1 EPS by 33c

BlackRock Reports First Quarter 2015 Diluted EPS of $4.84, or $4.89 As Adjusted

April 16, 2015 5:45 AM EDT

8% AUM growth from the first quarter of 2014 $70.4 billion of long-term net inflows for the first quarter of 2015, representing 6.5% annualized organic growth 10% diluted EPS growth from the first quarter of 2014 13% increase in quarterly cash dividend to $2.18 per share and consistent capital management with $275 million of quarterly share repurchases

NEW YORK--(BUSINESS WIRE)-- BlackRock, Inc. (NYSE: BLK):

FINANCIAL RESULTS

                          (in millions, except per share data)       Q1

2015

  Q1

2014

  Change   Q4

2014

  Change               AUM $ 4,774,192 $ 4,400,925 8 % $ 4,651,895 3 %

GAAP basis:

Revenue $ 2,723 $ 2,670 2 % $ 2,784 (2 %) Operating income $ 1,067 $ 1,051 2 % $ 1,144 (7 %) Operating margin 39.2 %... More