BlackRock Reports Impressive Q2 Earnings with Non-GAAP EPS of $10.36 and Revenue of $4.81B

Monday, 15 July 2024, 10:05

In the latest financial report, BlackRock's Q2 earnings surpassed estimates as they achieved a Non-GAAP EPS of $10.36, beating expectations by $0.40. The company also reported revenue of $4.81B, surpassing projections by $30M. This positive performance was driven by growth in Assets Under Management (AUM) and significant net inflows. The strong financial results indicate BlackRock's resilience and effectiveness in navigating market conditions.

LivaRava Finance Meta Image — BlackRock Reports Impressive Q2 Earnings with Non-GAAP EPS of $10.36 and Revenue of $4.81B

BlackRock Q2 Earnings Report Highlights:

Non-GAAP EPS: $10.36 (beat by $0.40)
Revenue: $4.81B (beat by $30M)

Key Factors Driving Performance:

Growth in AUM: Significant increase contributing to revenue
Net Inflows: Positive trend boosting financial results

The latest earnings report from BlackRock demonstrates their strong financial performance and strategic positioning in the market, reflecting positive growth prospects for investors.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

BlackRock Q2 Earnings Report Highlights:

Key Factors Driving Performance:

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