- BlackRock press release (NYSE:BLK): Q2 Non-GAAP EPS of $10.36 beats by $0.40.
- Revenue of $4.81B (+7.8% Y/Y) beats by $30M.
- 8% increase in revenue year-over-year, primarily driven by the positive impact of markets on average AUM, organic base fee growth, and higher performance fees and technology services revenue.
- $139 billion of first half total net inflows reflect continued strength of broad-based platform, including record start to year for BlackRock ETFs.
- $10.6 trillion in AUM, up $1.2 trillion year-over-year, driven by consistent organic growth and positive market movement.
2024-07-15