BlackRock EPS Beats, Revenue Misses

BlackRock delivered a strong first quarter in 2025, topping EPS estimates with robust growth in technology services despite slight revenue underperformance.

Apr 11, 2025 - 19:19
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BlackRock EPS Beats, Revenue Misses

BlackRock (NYSE:BLK), the world's largest asset manager, showcased a strong fiscal performance for the first quarter of 2025, released on April 11. Despite facing challenging market conditions, BlackRock reported adjusted earnings per share (EPS) of $11.30, significantly exceeding analyst expectations of $10.08. However, revenue fell a bit short, coming in at $5.28 billion against the anticipated $5.29 billion. Overall, the quarter highlighted the company's adaptability and steady growth, particularly in its technology segment, while navigating external pressures.

Source: Analyst estimates for the quarter provided by FactSet.

BlackRock is a global leader in asset management, offering a diverse range of investment strategies such as equities, fixed income, and alternatives. The firm's technology services, notably the Aladdin platform, are integral to its operation and strategy. Aladdin provides end-to-end investment and risk management solutions, both for BlackRock and external clients, generating significant revenue and enhancing client retention.

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