BlackRock Earnings, Revenue Beat in Q3

This post was originally published on this site

https://i-invdn-com.akamaized.net/news/LYNXNPEC580I8_M.jpg

BlackRock announced earnings per share of $9.22 on revenue of $4.37B. Analysts polled by Investing.com anticipated EPS of $7.73 on revenue of $3.92B.

BlackRock shares are up 22% from the beginning of the year, still down 0.88% from its 52 week high of $620.34 set on October 12. They are outperforming the S&P 500 which is up 9.39% from the start of the year.

BlackRock’s report follows an earnings beat by Jefferies Financial on September 23, who reported EPS of $1.07 on revenue of $1.62B, compared to forecasts EPS of $0.34 on revenue of $1.11B.

Lemonade had beat expectations on September 18 with third quarter EPS of $-1.77 on revenue of $29.9M, compared to forecast for EPS of $-2.13 on revenue of $29.53M.

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