What's In The Cards For BlackRock (BLK) In Q4 Earnings?
Zacks Investment Research | Jan 12, 2020 09:26PM ET
BlackRock, Inc. (NYSE:BLK) is slated to report fourth-quarter and 2019 results on Jan 15, before the opening bell. Its revenues and earnings in the quarter are expected to have improved on a year-over-year basis.
In the third quarter, the company’s earnings surpassed the Zacks Consensus Estimate. Results were driven by an improvement in revenues and growth in assets under management (AUM), partly offset by higher expenses.
Notably, BlackRock does not have an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in only two of the trailing four quarters, with a positive surprise of 0.9%, on average.
BlackRock, Inc. Price and EPS Surprise
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