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Barchart
Dipanjan Banchur

MYSTERIOUS: Earnings preview what to expect from blackrock s report | Mind Blowing Facts

BLK Bitcoin

Based in New York, BlackRock, Inc. (BLK) is the largest public investment management firm. Valued at $116.25 billion by market cap, the company offers a range of products, including single- and multi-asset portfolios in equities, fixed income, alternatives, and money market instruments. It provides its services to institutional, intermediary, and individual investors. The world’s largest asset manager is expected to announce its fiscal second-quarter earnings for 2024 on Friday, July 12.

Ahead of the event, analysts expect BLK to report a profit of $9.88 per share on a diluted basis, up 6.5% from $9.28 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. BLK’s assets hit a record $10.5 trillion in the previous quarter. 

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