BlackRock Earnings Beat, Revenue Inline In Q4

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BlackRock announced earnings per share of $10.42 on revenue of $5.11B. Analysts polled by Investing.com anticipated EPS of $10.06 on revenue of $5.11B.

BlackRock shares are down 5% from the beginning of the year, still down 10.85% from its 52 week high of $973.16 set on November 12, 2021. They are under-performing the S&P 500 which is down 2.25% from the start of the year.

BlackRock’s report follows an earnings beat by FactSet Research on December 21, 2021, who reported EPS of $3.25 on revenue of $424.81M, compared to forecasts EPS of $2.99 on revenue of $419.37M.

Jefferies Financial had missed expectations on Wednesday with fourth quarter EPS of $1.2 on revenue of $1.81B, compared to forecast for EPS of $1.31 on revenue of $1.88B.

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