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
What to look for when Hormel Foods (HRL) reports Q4 2023 earnings
Shares of Hormel Foods Corporation (NYSE: HRL) were down over 1% on Monday. The stock has dropped 29% year-to-date. The food company is set to report its fourth quarter 2023 earnings
Kroger set to report Q3 results. Here’s everything you need to know
The Kroger Co. (NYSE: KR), a leading grocery retailer that operates both in-store and online, will be reporting earnings this week. The company, which is preparing to acquire rival retailer
Earnings Preview: Salesforce will likely deliver another strong quarter
Salesforce, Inc. (NYSE: CRM) achieved accelerated sales growth and profitability in recent quarters, in line with its transformation goal. The customer relationship management platform bets on new opportunities in generative