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

Should investors worry about Micron’s (MU) weak Q4 results and guidance?

The semiconductor industry is a rapidly growing business segment that currently thrives on the digital transformation wave. The demand for memory chips and other semiconductor products increased over the years,

What has Bed Bath & Beyond (BBBY) outlined for this fiscal year?

Shares of Bed Bath & Beyond (NASDAQ: BBBY) were up on Friday, a day after the company delivered disappointing results for the second quarter of 2022. The company reported a

NKE Earnings: Highlights of Nike’s Q1 2023 results

Nike, Inc. (NYSE: NKE) has reported a decrease in net profit for the first quarter of 2023, despite a modest increase in revenues. The company's stock suffered a big loss

Add Comment
Viewing Highlight