BlackRock (BLK) Tops Q4 EPS by 10c; Raises Dividend, Buyback
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BlackRock Reports Full Year 2016 Diluted EPS of $19.04, or $19.29 as adjusted
January 13, 2017 6:30 AM ESTFourth Quarter 2016 Diluted EPS of $5.13, or $5.14 as adjusted
Record $202 billion of full year total net inflows reflects strength of diversified business model $98 billion of fourth quarter total net inflows, including $18 billion in cash management, led by momentum in iShares® and Institutional businesses Demand for BlackRock technology solutions drove 13% full year revenue growth in Aladdin® Expansion in operating margin from prior year reflects continued expense discipline Returned $2.7 billion to shareholders in 2016 Board of Directors... More