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 our clients, we provide the investment and technology solutions they need when planning for their most important goals. As of June 30, 2018, the firm managed approximately $6.3 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com.