BlackRock: Q2 beats consensus
(CercleFinance.com) - BlackRock has reported Q2 adjusted net income that is up 21% at 1.
21 billion dollars, or 7.85 dollars per share, with EPS approximately 1 dollar above the consensus.
The asset management giant improved its adjusted operating margin by 0.6 point to 43.7% for revenues that are up 4% at 3.65 billion dollars, while assets under management increased by 7% to nearly 7,318 billion dollars.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
21 billion dollars, or 7.85 dollars per share, with EPS approximately 1 dollar above the consensus.
The asset management giant improved its adjusted operating margin by 0.6 point to 43.7% for revenues that are up 4% at 3.65 billion dollars, while assets under management increased by 7% to nearly 7,318 billion dollars.
Copyright (c) 2020 CercleFinance.com. All rights reserved.