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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