Blackrock Inc. (BLK) announced a profit for its second quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $1.495 billion, or $9.99 per share. This compares with $1.366 billion, or $9.06 per share, in last year's second quarter.
Excluding items, Blackrock Inc. reported adjusted earnings of $1.550 billion or $10.36 per share for the period.
Analysts on average had expected the company to earn $9.95 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 7.7% to $4.805 billion from $4.463 billion last year.
Blackrock Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $1.495 Bln. vs. $1.366 Bln. last year.-EPS (Q2): $9.99 vs. $9.06 last year.-Revenue (Q2): $4.805 Bln vs. $4.463 Bln last year.
For comments and feedback contact: editorial@rttnews.com
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.