BlackRock (BLK) Tops Q1 EPS by 28c

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Go back to BlackRock (BLK) Tops Q1 EPS by 28c

BlackRock Reports First Quarter 2018 Diluted EPS of $6.68, or $6.70 as adjusted

April 12, 2018 6:15 AM EDT

$55 billion of quarterly long-term net inflows, positive across active and index, reflect strength of diversified business model 16% growth in revenue year-over-year driven by base fees and technology and risk management revenue 20% increase in operating income year-over-year reflects operating margin expansion 28% growth in diluted EPS year-over-year, driven in part by lower tax rate 15% increase in quarterly cash dividend to $2.88 per share and $335 million of share repurchases

NEW YORK--(BUSINESS WIRE)--

BlackRock, Inc. (NYSE: BLK):

FINANCIAL RESULTS REFLECT NEW REVENUE RECOGNITION STANDARD (PRIOR PERIODS HAVE BEEN RECAST)

            Q1 Q1... More