BlackRock Q4 Beats Forecasts; Record AUM
With impressive growth in assets under management (AUM), which reached a record $11.6 trillion, BlackRock ended the quarter and fiscal 2024 on a high note.
BlackRock assets hit record $11.6 trillion in fourth quarter
BlackRock posted a 21% fourth quarter jump in profit after buoyant equity markets increased income from fees and drove its assets to a record high of $11.6 trillion, the world's largest money manager said on Wednesday.
BlackRock CEO calls record client cash ‘just the beginning’
The Larry Fink-led firm's historic haul, driven by strong ETF flows, comes amid deals to muscle into the alternatives and private assets space.
BlackRock Q4 Earnings: Record Inflows Fuel Revenue And Earnings Beat, AUM Hits $11.6 Trillion Milestone
BlackRock (BLK) reports strong Q4 results with 23% revenue growth and net inflow of $281 billion. AUM increases to $11.6 trillion.
BlackRock Q4 Results Beat Market, AUM Climbs, Sees Growth Ahead; Stock Up In Pre-market - Update
Shares of Blackrock Inc. (BLK) were gaining around 4 percent in pre-market activity on the NYSE after the asset manager reported
BlackRock Finance (BLK) Beats Q4 Earnings and Revenue Estimates
BlackRock Finance (BLK) came out with quarterly earnings of $11.93 per share, beating the Zacks Consensus Estimate of $11.27 per share. This compares to earnings of $9.66 per share a year ago. These figures are adjusted for non-recurring items.
BlackRock stock gains after Q4 earnings beat tops off record year for net inflows
BlackRock (NYSE:BLK) stock climbed 4.4% in Wednesday premarket trading after the asset manager's Q4 earnings beat the consensus estimate, helped by record inflows boosting its assets under management.
Blackrock Inc. Q4 Profit Increases, Beats Estimates
Blackrock Inc. (BLK) announced a profit for its fourth quarter that increased from the same period last year and beat the Street
BlackRock announces executive departure
BlackRock, Inc. (NYSE:BLK), the $157.1 billion asset management giant, disclosed in a recent SEC filing that Mark Wiedman, ...
BlackRock Warrants Premium Valuation, Analyst Highlights Growth Potential And Initiatives
BLK price target raised to $1,180, maintains Outperform rating. Q4 results beat expectations, still in early phases of growth ...
Pensions&Investments1d
BlackRock's Fink predicts better times to come, promotes key executives
“Our record results in 2024 are just the beginning of our next phase of growth,” Fink concluded, with pending acquisitions - ...
BlackRock departs climate investment group
Asset management firm BlackRock is leaving a climate-focused investing group, the group confirmed. “We are disappointed to ...
BlackRock’s Strong Organic Growth and Strategic Positioning Justify Buy Rating
BlackRock (BLK – Research Report), the Financial sector company, was revisited by a Wall Street analyst today. Analyst Michael Cyprys from ...
Exclusive: Investor climate group suspends activities after BlackRock exit
A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its ...
BlackRock CEO Larry Fink: It’s time for investors to rethink long-held principles about stocks and bonds
BlackRock made $25 billion of investments to strengthen its position in private markets, acquiring investment fund Global ...
BlackRock: Strong Financial Performance Amidst Lingering Challenges Warrants Hold Rating
Brennan Hawken, an analyst from UBS, maintained the Hold rating on BlackRock (BLK – Research Report). The associated price target is ...