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Actionable news in BLK: BLACKROCK Inc,

BlackRock earnings: $5.24 per share, vs expected EPS of $5.40

BlackRock, the largest asset manager in the world, posted second-quarter earnings and revenue that missed expectations.

The company posted second-quarter adjusted earnings per share of $5.24 on revenue of $2.965 billion.

BlackRock shares slipped 0.3 percent in the premarket following the report's release.

The firm's second-quarter assets under management rose 16 percent year over year to $5.689 trillion, topping analyst expectations.

Here's what Wall Street was expecting from the company's results:

  • EPS: $5.40 expected by Thomson One analysts' consensus.
  • ...