Earnings for the week starting 15Jul24 - will BlackRock hit the rise?
Earnings Calendar (15Jul24)
Q3/2024 starts and a few earnings are coming in the coming week.
There are a few earnings of interest: Goldman Sachs, BlackRock, Bank of America, ASML, United, TSMC, Nokia, Netflix, Intuitive Surgical and American Express.
Let us look at BlackRock in detail.
Observations:
Revenue grew from $11.08B (2014) to $17.8B (2023)
Operating Profit grew from $4.52B (2014) to $6.33B (2023)
EPS grew from $19.17 (2014) to $36.51 (2023). The year with the best EPS is $38.22 (2021).
Dividend per share grew from $7.72 (2014) to $20.00 (2023).
Here is some recent news about BlackRock, listing their recent acquisition. At the same time, BlackRock is also in the Bitcoin sector, which has great potential.
For the coming earnings, the forecast is $10.04 and $4.85B for EPS and Revenue respectively. We can expect BlackRock to have a commanding share in the market.
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