Press Releases

BlackRock Reports First Quarter 2018 Diluted EPS of $6.68, or $6.70 as adjusted

Apr 12, 2018
By BlackRock

BlackRock Reports First Quarter 2018 Diluted EPS of $6.68, or $6.70 as adjusted    

 

$55 billion of quarterly long-term net inflows, positive across active and index, reflect strength of diversified business model

  • 16% growth in revenue year-over-year driven by base fees and technology and risk management revenue
  • 20% increase in operating income year-over-year reflects operating margin expansion
  • 28% growth in diluted EPS year-over-year, driven in part by lower tax rate
  • 15% increase in quarterly cash dividend to $2.88 per share and $335 million of share repurchases

 

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About BlackRock

BlackRock helps investors build better financial futures. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of December 31, 2018, the firm managed approximately $5.98 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com.