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’s purpose is to help more and more people achieve financial well-being. 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 June 30, 2019, the firm managed approximately $6.84 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com/corporate