BlackRock Profit Beats Estimates As Funds Attract Inflows

67
6
Favorite

BlackRock Profit Beats Estimates As Funds Attract Inflows

Tiger Newspress2022-04-13

BlackRock shares rose fractionally higher in pre-open trading Wednesday following earnings that beat the bottom line consensus but missed slightly on the top line as inflows held strong despite the volatile market that hurt performance fees.

The fund manager reported that adjusted EPS rose 18% to $9.52, topping the consensus of $8.84. Revenue rose 7% to $4.699 billion, just below the consensus of $4.73 billion. Revenue was driven by strong organic and technology services growth, offset by lower performance fees.

The company generated $114 billion of long-term net inflows in the first quarter, while $86 billion of quarterly total net inflows. Pacer Swan SOS Fund of Funds ETF|ETFs delivered $56 billion of net inflows.

BlackRock repurchased $500 million in stock in the quarter and raised its dividend by 18% to $4.88 per share.

The stock rose fractionally higher in pre-open trading Wednesday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（6）

Evey77
·2022-04-13
With the price falling, is it a good time to buy now?
Reply
Like
Report
mohjoejoejoe
·2022-04-13
Ok
Reply
1
Report
Hugo boss
·2022-04-13
Okokgood
Reply
3
Report
Larry Wong
·2022-04-13
Ok
Reply
4
Report
edwinong
·2022-04-13
Like
Reply
5
Report
Fireweed
·2022-04-13
Yeah
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2227189186?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-04-13 18:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2227189186","market":"us","top_or_hot":-1,"title":"BlackRock Profit Beats Estimates As Funds Attract Inflows","media":"Tiger Newspress","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/BLK\">BlackRock </a> shares rose fractionally higher in pre-open trading Wednesday following earnings that beat the bottom line consensus but missed slightly on the top line as inflows held strong despite the volatile market that hurt performance fees.</p><p>The fund manager reported that adjusted EPS rose 18% to $9.52, topping the consensus of $8.84. Revenue rose 7% to $4.699 billion, just below the consensus of $4.73 billion. Revenue was driven by strong organic and technology services growth, offset by lower performance fees.</p><p>The company generated $114 billion of long-term net inflows in the first quarter, while $86 billion of quarterly total net inflows. <a href=\"https://laohu8.com/S/PSFF\">Pacer Swan SOS Fund of Funds ETF|ETF</a>s delivered $56 billion of net inflows.</p><p>BlackRock repurchased $500 million in stock in the quarter and raised its dividend by 18% to $4.88 per share.</p><p>The stock rose fractionally higher in pre-open trading Wednesday.</p><p><img src=\"https://static.tigerbbs.com/7d100f8f9edc075af4cf996a801e3490\" tg-width=\"845\" tg-height=\"661\" width=\"100%\" height=\"auto\"/></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BlackRock Profit Beats Estimates As Funds Attract Inflows</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackRock Profit Beats Estimates As Funds Attract Inflows\n</h2>\n\n<h4 class=\"meta\">\n\n2022-04-13 18:58 北京时间&nbsp;&nbsp;&nbsp;<strong>Tiger Newspress</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BlackRock  shares rose fractionally higher in pre-open trading Wednesday following earnings that beat the bottom line consensus but missed slightly on the top line as inflows held strong despite the ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BLK","symbol_name":"贝莱德","start_time":0,"source_url":"","article_id":"2227189186","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2227189186","pubTimestamp":1649847496,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"BlackRock  shares rose fractionally higher in pre-open trading Wednesday following earnings that bea","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BLK":"贝莱德","BK4535":"淡马锡持仓","BK4567":"ESG概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4534":"瑞士信贷持仓","BK4581":"高盛持仓","BK4504":"桥水持仓","BK4135":"资产管理与托管银行"},"translate_title":"贝莱德利润超过预期，资金吸引流入","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BLK":1},"content_text":"BlackRock  shares rose fractionally higher in pre-open trading Wednesday following earnings that beat the bottom line consensus but missed slightly on the top line as inflows held strong despite the volatile market that hurt performance fees.The fund manager reported that adjusted EPS rose 18% to $9.52, topping the consensus of $8.84. Revenue rose 7% to $4.699 billion, just below the consensus of $4.73 billion. Revenue was driven by strong organic and technology services growth, offset by lower performance fees.The company generated $114 billion of long-term net inflows in the first quarter, while $86 billion of quarterly total net inflows. Pacer Swan SOS Fund of Funds ETF|ETFs delivered $56 billion of net inflows.BlackRock repurchased $500 million in stock in the quarter and raised its dividend by 18% to $4.88 per share.The stock rose fractionally higher in pre-open trading Wednesday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9080146873,"gmtCreate":1649860960227,"gmtModify":1676534592403,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"Evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","vip":1,"crmLevel":8,"crmLevelSwitch":1,"authorIdStr":"3570619054429964","idStr":"3570619054429964"},"htmlText":"With the price falling, is it a good time to buy now?","listText":"With the price falling, is it a good time to buy now?","text":"With the price falling, is it a good time to buy now?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080146873","repostId":2227189186,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080121080,"gmtCreate":1649859161905,"gmtModify":1676534591859,"author":{"id":"3570664633810000","authorId":"3570664633810000","name":"mohjoejoejoe","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3570664633810000","idStr":"3570664633810000"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080121080","repostId":2227189186,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080346444,"gmtCreate":1649852355711,"gmtModify":1676534589819,"author":{"id":"4107345104922330","authorId":"4107345104922330","name":"Hugo boss","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"4107345104922330","idStr":"4107345104922330"},"htmlText":"Okokgood","listText":"Okokgood","text":"Okokgood","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080346444","repostId":2227189186,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080340695,"gmtCreate":1649851695821,"gmtModify":1676534589688,"author":{"id":"4108229382095710","authorId":"4108229382095710","name":"Larry Wong","avatar":"https://community-static.tradeup.com/news/244eec57372b5681907561855aefebc1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4108229382095710","idStr":"4108229382095710"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080340695","repostId":2227189186,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080351321,"gmtCreate":1649850600730,"gmtModify":1676534589470,"author":{"id":"3581723087274150","authorId":"3581723087274150","name":"edwinong","avatar":"https://static.tigerbbs.com/d42f3dae28f8c1740e66011b66f51ccd","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581723087274150","idStr":"3581723087274150"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080351321","repostId":2227189186,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080353270,"gmtCreate":1649850504563,"gmtModify":1676534589453,"author":{"id":"3581912029257621","authorId":"3581912029257621","name":"Fireweed","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3581912029257621","idStr":"3581912029257621"},"htmlText":"Yeah&nbsp;","listText":"Yeah&nbsp;","text":"Yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080353270","repostId":2227189186,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":67,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}