BlackRock reported quarterly profit growth of nearly 30%

109148

In the third quarter, the net profit of BlackRock, the world's largest company in terms of assets, grew by almost 30% in annual terms to $1 billion 220 million. The adjusted profit of the US investment company at 7 dollars 52 per share exceeded analysts' forecast of 6 dollars 84 per share. Since the end of September last year, the company has increased its assets under management by 8% to 6 trillion 444 billion dollars. Revenues for the quarter amounted to 3 billion 576 million dollars, an increase of 2%, while economists had predicted 3 billion 540 million dollars. The revenue of the technology division increased by 18%.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong
Message: