Categories AlphaGraphs, Earnings, Finance
A visual representation of BlackRock (BLK) Q1 2020 earnings results
BlackRock Inc. (NYSE: BLK) reported its financial results for the quarter ended March 31, 2020 today.
BlackRock reported a 23% drop in earnings for the first quarter of 2020 due to the impact of charitable contributions and higher costs and expenses. The top-line increased by 11% driven by higher base fees and 34% growth in technology services revenue, reflecting the impact of the eFront acquisition and continued Aladdin momentum.
The company said the coronavirus outbreak has transformed the world, creating unprecedented human and economic hardship. BlackRock’s overriding priority is the health and safety of its employees and their families.
Past Performance
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,