Categories AlphaGraphs, Earnings, Finance

Key highlights from BlackRock’s (BLK) Q2 2022 earnings results

BlackRock, Inc. (NYSE: BLK) reported second quarter 2022 earnings results today.

Total revenue decreased 6% year-over-year to $4.5 billion, mainly due to the impact of significantly lower markets and dollar appreciation on average AUM and lower performance fees.

GAAP net income declined 22% YoY to $1.07 billion, or $7.06 per share, due to lower non-operating income. Adjusted EPS dropped 30% to $7.36.

Total net inflows amounted to $90 billion in the quarter.

Prior performance

BlackRock Q1 2022 earnings infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Earnings Preview: Home Depot’s Q3 report likely to reflect weak consumer demand

The US housing industry has been mostly resilient to headwinds like economic uncertainties so far this year. However, housing activity cooled in recent months as high mortgage rates and inflation

Take-Two Interactive (TTWO) will report Q2 2025 earnings this week, a few points to note

Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) stayed red on Monday. The stock has gained 16% over the past three months. The gaming company is set to report its second

Earnings Summary: Highlights of Loews Corporation’s (L) Q3 2024 report

Loews Corporation (NYSE: L), a diversified company with businesses in the insurance, energy, hospitality, and packaging industries, on Monday reported higher revenue and profit for the third quarter of 2024.

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