Press Releases

BlackRock Reports Second Quarter 2018 Diluted EPS of $6.62, or $6.66 as adjusted

Jul 16, 2018
By BlackRock

BlackRock Reports Second Quarter 2018 Diluted EPS of $6.62, or $6.66 as adjusted

 

  • $20 billion of total net inflows, positive across active, index and cash management
  • 11% revenue growth year-over-year driven by base fees, performance fees and technology services revenue
  • 16% operating income growth year-over-year reflects operating margin expansion
  • 27% diluted EPS growth (28% as adjusted) driven in part by lower tax rate
  • $300 million of quarterly 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.