BlackRock Reports First Quarter 2015 Diluted EPS of $4.84, or $4.89 As Adjusted
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BlackRock (BLK) Tops Q1 EPS by 33c
April 16, 2015 5:53 AM EDTBlackRock (NYSE: BLK) reported Q1 EPS of $4.89, $0.33 better than the analyst estimate of $4.56. Revenue for the quarter came in at $2.72 billion versus the consensus estimate of $2.81 billion.
In the first quarter, BlackRocks diverse investment platform and relentless focus on clients and performance drove long-term net inflows of $70 billion, commented Laurence D. Fink, Chairman and CEO of BlackRock. This was one of the most broadly diverse flow quarters in BlackRocks history. Flows were positive across all long-term asset classes, client types, regions and investment styles, with active net inflows of $32 billion and index net inflows... More
