Blackrock: below expectations in Q2
(CercleFinance.com) - Blackrock, the American asset management specialist, this Friday announces net profits, in adjusted data, of 1.
003 billion dollars for the second quarter of its financial year, making 6.41 dollars per share compared to the previous year when it posted 1.08 billion, representing 6.66 dollars.
Net results and EPS are therefore down, by 7% and 4% respectively for this period of the year. Moreover, earnings per share fall below expectations, with analysts having banked on 6.61 dollars.
Revenue came out at 3.524 billion dollars compared to 3.605 billion.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
003 billion dollars for the second quarter of its financial year, making 6.41 dollars per share compared to the previous year when it posted 1.08 billion, representing 6.66 dollars.
Net results and EPS are therefore down, by 7% and 4% respectively for this period of the year. Moreover, earnings per share fall below expectations, with analysts having banked on 6.61 dollars.
Revenue came out at 3.524 billion dollars compared to 3.605 billion.
Copyright (c) 2019 CercleFinance.com. All rights reserved.