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

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