BlackRock earnings fall short of estimates in the fourth quarter

BlackRock, Inc. (BLK) on Wednesday reported underwhelming financial results for the three months ended December 31, 2018, before the market opened for regular trade. Net income slumped 60% to $927 million or $5.78 per diluted share, on a revenue slide of 9% to $3.43 billion. Analysts had expected $6.35 per share earnings on revenue of … Continue reading BlackRock earnings fall short of estimates in the fourth quarter