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New York-based BlackRock, Inc. (BLK) is the world’s largest asset manager, overseeing trillions of dollars in assets across equities, fixed income, multi-asset strategies, alternatives, and cash management. The firm is best known for its iShares ETF franchise and its Aladdin risk-management and analytics platform, serving institutional investors, governments, corporations, and individual clients globally. It is currently valued at a market cap of $164.5 billion.
The asset management giant is expected to report its fourth-quarter results next month. Ahead of the event, analysts expect BLK to deliver an adjusted EPS of $12.55, up 5.2% from $11.93 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.
