BlackRock (BLK) PT Raised to $612 at Credit Suisse

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Go back to BlackRock (BLK) PT Raised to $612 at Credit Suisse

BlackRock Reports Third Quarter 2017 Diluted EPS of $5.78, or $5.92 as adjusted

October 11, 2017 6:15 AM EDT

$96 billion of total net inflows in the third quarter reflects continued strength of diversified business model $76 billion of long-term net inflows, positive across client type, investment style and region 14% increase in revenue year-over-year driven by growth in base fees, performance fees and technology and risk management revenue 15% increase in operating income year-over-year reflects operating margin expansion 10% increase in diluted EPS (15% as adjusted) year-over-year Consistent capital management with $275 million of quarterly share repurchases

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

FINANCIAL RESULTS

    Q3   Q3     Q2     Nine Months Ended September 30,   (in millions, except per share data)     2017... More