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

 

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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.