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!

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