BlackRock Non-GAAP EPS of $10.36 beats by $0.40, revenue of $4.81B beats by $30M (BLK)

  • 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