Categories AlphaGraphs, Earnings, Finance
Infographic: Highlights BlackRock’s Q1 2023 earnings report
Asset management company BlackRock, Inc. (NYSE: BLK) on Friday announced financial results for the first quarter of 2023, reporting lower revenues and earnings.
Total revenue decreased 10% year-over-year to $4.24 billion, due to the impact of significantly lower markets and dollar appreciation on average AUM and lower performance fees. Total long-term assets under management as of the first quarter were $8.41 trillion. Long-term net flows totaled $103 billion.
First-quarter adjusted earnings dropped to $7.93 per share from $9.52 per share in the comparable period of 2022. Unadjusted income was $1.16 billion or $7.64 per share, compared to $1.44 billion or $9.35 per share in the prior-year period.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
_________________________________________________________________________________________________________________
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results
Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a
AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates
Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion