Press Releases

BlackRock Reports Third Quarter 2017 Diluted EPS of $5.78, or $5.92 as adjusted

Oct 11, 2017

BlackRock Reports Third Quarter 2017 Diluted EPS of $5.78, or $5.92 as adjusted

 

  • $96 billion of total net inflows in the third quarter reflects continued strength of diversified business model
  • $76 billion of long-term net inflows, positive across client type, investment style and region
  • 14% increase in revenue year-over-year driven by growth in base fees, performance fees and technology and risk management revenue
  • 15% increase in operating income year-over-year reflects operating margin expansion
  • 10% increase in diluted EPS (15% as adjusted) year-over-year
  • Consistent capital management with $275 million of quarterly share repurchases

 

See the full release

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.