BlackRock Reports Second Quarter 2021 Earnings
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BlackRock (BLK) Tops Q2 EPS by 67c
July 14, 2021 6:20 AM EDTBlackRock (NYSE: BLK) reported Q2 EPS of $10.03, $0.67 better than the analyst estimate of $9.36.
$81 billion of quarterly total net inflows, driven by continued momentum across the platform, reflect a previously announced $58 billion low-fee institutional index outflow related to a single client.$63 billion of active net inflows, once again positive across all product types, including equity, fixed income, multi-asset and alternatives.32% increase in revenue year-over-year reflects significant market gains as well as strong organic growth, higher performance fees... More