Investing.com – BlackRock (NYSE:) reported on Friday fourth quarter that beat analysts’ forecasts and revenue that was inline with expectations.
BlackRock announced earnings per share of $10.42 on revenue of $5.11B. Analysts polled by Investing.com anticipated EPS of $10.06 on revenue of $5.11B.
BlackRock shares are down 5% from the beginning of the year, still down 10.85% from its 52 week high of $973.16 set on November 12, 2021. They are under-performing the S&P 500 which is down 2.25% from the start of the year.
BlackRock follows other major Financial sector earnings this month
BlackRock’s report follows an earnings beat by FactSet Research on December 21, 2021, who reported EPS of $3.25 on revenue of $424.81M, compared to forecasts EPS of $2.99 on revenue of $419.37M.
Jefferies Financial had missed expectations on Wednesday with fourth quarter EPS of $1.2 on revenue of $1.81B, compared to forecast for EPS of $1.31 on revenue of $1.88B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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