Investing.com - Financial Markets Worldwide
⚠ Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

BlackRock Earnings, Revenue Beat in Q4

Published 01/14/2021, 06:16 AM
© Reuters. BlackRock Earnings, Revenue Beat in Q4
BLK
-

Investing.com - BlackRock (NYSE:BLK) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.

BlackRock announced earnings per share of $10.18 on revenue of $4.48B. Analysts polled by Investing.com anticipated EPS of $8.66 on revenue of $4.18B.

BlackRock shares are up 8% from the beginning of the year, still down 1.05% from its 52 week high of $788.00 set on January 13. They are outperforming the S&P 500 which is up 1.43% from the start of the year.

BlackRock follows other major Financial sector earnings this month

BlackRock's report follows an earnings beat by Jefferies Financial on January 4, who reported EPS of $1.11 on revenue of $1.86B, compared to forecasts EPS of $0.5 on revenue of $1.26B.

Saratoga Investment Corp had missed expectations on January 6 with third quarter EPS of $0.4 on revenue of $14.28M, compared to forecast for EPS of $0.4733 on revenue of $13.47M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.