BlackRock, Inc.

(New York Stock Exchange)
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Bullish +55

Exploring Analyst Estimates for BlackRock (BLK) Q3 Earnings, Beyond Revenue and EPS

Earnings report AI-generated analysis

πŸ“ˆ Analysts forecast BlackRock Q3 earnings of $14.01 per share, a 21.3% year-over-year increase.

πŸ’° Revenue is anticipated to reach $7.45 billion, marking a 14.4% rise compared to the year-ago quarter.

πŸ“‰ The consensus EPS estimate has been adjusted downward by 0.2% over the past 30 days.

πŸš€ Technology services revenue is projected to grow 13.2% year-over-year to $582.72 million.

πŸ“Š Investment advisory fees are expected to hit $6.01 billion, up 19.2% from the prior quarter.

🏦 Equity ETFs revenue is forecast to surge 32.6% to $2.12 billion.

πŸ’Έ Total assets under management are estimated at $15,665.53 billion versus $13,463.63 billion last year.

πŸ“‰ Net inflows are predicted to decline to $171.91 billion from $204.64 billion a year ago.

πŸ’° Cash management inflows are expected to fall to $11.35 billion from $34.10 billion last year.

πŸ“ˆ BlackRock shares have returned +0.3% over the past month versus the S&P 500's +1.3%.

Bullish Signals
  • Analysts forecast Q3 earnings of $14.01 per share, representing a robust 21.3% year-over-year increase.
  • Total revenue is projected to reach $7.45 billion, reflecting a 14.4% growth compared to the prior-year quarter.
  • Investment advisory and administration fees are expected to rise 19.2% to $6.01 billion.
  • Equity ETFs revenue is anticipated to surge 32.6% year-over-year to $2.12 billion.
  • Total assets under management are estimated at $15,665.53 billion, a significant increase from last year's $13,463.63 billion.
Risk Factors
  • The consensus EPS estimate has been adjusted downward by 0.2% over the past 30 days.
  • Net inflows are projected to decline to $171.91 billion from $204.64 billion a year ago.
  • Cash management inflows are expected to drop significantly to $11.35 billion from $34.10 billion last year.
Full Analysis
Wall Street analysts forecast BlackRock (BLK) to report Q3 earnings of $14.01 per share, representing a 21.3% year-over-year increase, with revenues estimated at $7.45 billion, up 14.4%. Over the past 30 days, the consensus EPS estimate has been adjusted downward by 0.2%, reflecting a collective reassessment of initial projections by covering analysts. Analysts project significant growth across specific revenue streams, with technology services revenue expected to rise 13.2% year-over-year to $582.72 million. Investment advisory and administration fees are anticipated to reach $6.01 billion, a 19.2% increase from the prior-year quarter, driven by strong performance in equity ETFs which are forecast to contribute $2.12 billion, up 32.6%. The consensus estimate for total assets under management stands at $15,665.53 billion, compared to $13,463.63 billion in the same quarter last year. However, net inflows are projected to decline to $171.91 billion from $204.64 billion a year ago, with cash management inflows specifically expected to drop to $11.35 billion from $34.10 billion. Following the earnings release, BlackRock shares have recorded returns of +0.3% versus the Zacks S&P 500 composite's +1.3% change. Based on its Zacks Rank #3 (Hold), BLK is expected to exhibit performance that aligns with the overall market in the upcoming period.