Categories AlphaGraphs, Earnings, Finance

BlackRock shares slip after missing Q4 revenue target

Blackrock Inc (NYSE: BLK) reported fourth-quarter 2021 financial results before the regular market hours on Friday. The investment management firm reported Q4 revenue of $5.11 million, up 14% year-over-year, but lower than the Wall Street projection. Net income of $10.63 per share was, meanwhile, well above the target that analysts had anticipated.

BLK shares fell 1.5% immediately following the announcement. The stock has gained a modest 17% over the trailing 12 months.

Looking forward to listening to management/analyst comments on the results? Stay tuned here for BlackRock Q4 earnings call transcript

Prior performance

  • BlackRock Q2 2021 earnings
  • Blackrock Q4 2020 earnings

Most Popular

FAST Stock: Fastenal’s long-term prospects intact. Should you invest now?

Production disruption and logistics issues continue to have a crippling effect on the industrial sector but the performance of companies, in general, has been mixed so far. Fastenal Company (NASDAQ:

Netflix (NFLX) adds 8.3 million new subscribers in Q4: earnings beat estimates

Netflix, Inc. (NASDAQ: NFLX) Thursday said it added 8.3 million paid members in the December quarter. Revenues increased and matched estimates, aided by the relaxation of COVID restrictions and resumption

SCHW Stock: Upbeat stock market, rate hikes to drive growth for Charles Schwab

Investment management firm Charles Schwab Corporation (NYSE: SCHW) has stayed largely unaffected by the coronavirus crisis, rather it managed to tap into new opportunities. The company owes its impressive financial

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top