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Barchart
Barchart
Aditya Sarawgi

BlackRock Earnings Preview: What to Expect

BlackRock BLK

New York-based BlackRock, Inc. (BLK) is one of the world’s largest asset management firms. It provides various investment and technology services to institutional and retail clients. With a market cap of $174.7 billion, BlackRock’s operations span various countries in the Americas, Europe, the Indo-Pacific, Africa, and internationally.

The asset management giant is expected to report its third-quarter results before the markets open on Friday, Oct. 10. Ahead of the event, analysts expect BLK to deliver an adjusted EPS of $11.78, up 2.8% from $11.46 reported in the year-ago quarter. The company has a solid earnings surprise history. It has surpassed the Street’s bottom-line estimates in each of the past four quarters.

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