BlackRock Earnings, Revenue Beat in Q4

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BlackRock announced earnings per share of $10.18 on revenue of $4.48B. Analysts polled by Investing.com anticipated EPS of $8.66 on revenue of $4.18B.

BlackRock shares are up 8% from the beginning of the year, still down 1.05% from its 52 week high of $788.00 set on January 13. They are outperforming the S&P 500 which is up 1.43% from the start of the year.

BlackRock’s report follows an earnings beat by Jefferies Financial on January 4, who reported EPS of $1.11 on revenue of $1.86B, compared to forecasts EPS of $0.5 on revenue of $1.26B.

Saratoga Investment Corp had missed expectations on January 6 with third quarter EPS of $0.4 on revenue of $14.28M, compared to forecast for EPS of $0.4733 on revenue of $13.47M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar