BlackRock EPS beats by $0.02, beats on revenue

Tiger Newspress2021-04-15

(April 15) BlackRock Q1 Non-GAAP EPS of $7.77beats by $0.02; GAAP EPS of $7.77misses by $0.02.

Revenue of $4.4B (+18.6% Y/Y)beats by $60M.

Ending AUM of $9T vs. $8.941T, average AUM of $8.78T vs. $8.770T consensus.

$172 billion of quarterly total net inflows, or 8% annualized organic asset growth, driven by continued momentum across the platform, with positive flows across all regions, investment styles and product types.

BlackRock was up about 0.22% in premarket trading.

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