[vc_row full_width=”stretch_row” css=”.vc_custom_1531732107238{background-color: #fcc118 !important;}”][vc_column]

[/vc_column][/vc_row][vc_row css=”.vc_custom_1531730959461{border-bottom-width: 1px !important;background-color: #f9fafb !important;border-bottom-color: #eef3f7 !important;border-bottom-style: solid !important;}”][vc_column css=”.vc_custom_1531891416301{margin-bottom: 0px !important;}”][bsfp-cryptocurrency style=”widget-6″ align=”auto” columns=”2″ scheme=”light” coins=”top-x-coins” coins-count=”8″ coins-selected=”” currency=”USD” title=”Cryptocurrencies” show_title=”0″ icon=”” heading_color=”” heading_style=”default” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ css=”.vc_custom_1531730265600{margin-bottom: 0px !important;}” custom-css-class=”” custom-id=””][/vc_column][/vc_row]

Earnings: A snapshot of BlackRock’s Q2 2023 report


Asset management company BlackRock, Inc. (NYSE: BLK) announced financial results for the second quarter of 2023, reporting higher earnings and a modest dip in revenues.

Total revenue decreased 1% year-over-year to $4.46 billion, mainly driven by the impact of market movements over the past twelve months on average AUM. Total assets under management as of the second quarter were $9.43 trillion. Long-term net flows totaled $56.69 billion.

Second-quarter adjusted earnings increased to $9.28 per share from $7.36 per share in the comparable period of 2022. Unadjusted income was $1.37 billion or $9.06 per share, compared to $1.08 billion or $7.06 per share in the prior-year period.

Prior Performance

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More