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New York-based BlackRock, Inc. (BLK) is a publicly owned investment manager that provides investment management services to institutional clients and retail investors. With a market cap of $140.5 billion, the company offers investment, advisory, and risk management services. The global investment manager is expected to announce its fiscal third-quarter earnings for 2024 before the market opens on Friday, Oct. 11.
Ahead of the event, analysts expect BLK to report a profit of $10.30 per share on a diluted basis, down 5.6% from $10.91 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.