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Actionable news in BLK: BLACKROCK Inc,

BlackRock Can Still Have A Giant Future, Despite Earnings

Unfortunately, BLK did not meet market expectations and underperformed on Q2 EPS and revenue expectations. Estimize predicted the world’s largest asset manager to post EPS of $5.40 and Wall Street predicted $5.37; the actual was $5.24. However, Estimize and The Street were more in line regarding revenue. Both predicted $2.979B and $2.974B respectively and BLK announced at $2.965B, also a slight miss.

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