BlackRock (BLK) PT Lowered to $720 at UBS

Go back to BlackRock (BLK) PT Lowered to $720 at UBS

BlackRock (BLK) reports a 13% jump in Q3 profit but revenue and AUM trail estimates

October 13, 2023 6:26 AM EDT

BlackRock (NYSE: BLK), the world's largest asset manager, reported a 13% rise in third-quarter profit, reflecting a rebound in markets that attracted investors to its funds.

The company earned $1.64 billion, or $10.91 per share, for the third quarter, up from $1.45 billion, or $9.55 per... More