BlackRock: Q4 Earnings Snapshot
By AP News
Published - Jan 12, 2024, 06:18 AM ET
Last Updated - Jan 12, 2024, 06:18 AM EST
NEW YORK (AP) — NEW YORK (AP) — BlackRock Inc. (BLK) on Friday reported fourth-quarter earnings of $1.38 billion.
The New York-based company said it had profit of $9.15 per share. Earnings, adjusted for restructuring costs and amortization costs, came to $9.66 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $8.84 per share.
The investment firm posted revenue of $4.63 billion in the period, which met Street forecasts.
