If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider BlackRock Finance (BLK) . This company, which is in the Zacks Financial - Investment Management industry, shows potential for another earnings beat.This investment firm has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 4 ...

Recently, BlackRock (BLK, Financial) announced that it has completed the acquisition of Global Infrastructure Partners (a private company), marking a strategic expansion in its infrastructure capabilities. With this acquisition, BlackRock positions itself as a global leader in infrastructure investment, boasting an impressive $170 billion investment in assets under management (AUM) across developed and emerging markets.The newly formed entity will retain the GIP brand within BlackRock's broader infrastructu ...

BlackRock (NYSE: BLK ) is firing on all cylinders as the world's largest asset manager pursues growth opportunities in the high-margin, fast-growing data and technology business. Indeed, Aladdin's integration with Preqin, expected to close in the fourth quarter of 2024, will enable BlackRock to offerExperience as an investment analyst for a major BB-Bank, as well as private equity consultant for MBB. Currently working towards the CFA charter, having completed I&II. Passion for risk-assets (Growth, Contraria ...

Wall Street analysts expect BlackRock (BLK) to post quarterly earnings of $10.26 per share in its upcoming report, which indicates a year-over-year decline of 6%. Revenues are expected to be $5.04 billion, up 11.6% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company ...

Morgan Stanley has revised its target price for BlackRock ( BLK , Financial ) from $1,036 to $1,150, while maintaining an "overweight" rating on the stock. This adjustment reflects a positive outlook on BlackRock's performance and potential market growth. Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios. ...

For Immediate ReleasesChicago, IL – October 8, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: JPMorgan Chase (JPM) , Wells Fargo (WFC) , and BlackRock (BLK) , PepsiCo (PEP) , and Delta Air Lines (DAL) .Here are highlights from Tuesday’s Analyst Blog: Global Week Ahead: Q3 Earnings SeasonIt's a packed Global Week ...

BlackRock (BLK) is slated to report third-quarter 2024 results on Oct. 11 before the opening bell. Its revenues are expected to have improved on a year-over-year basis, while earnings are likely to have declined.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the second quarter of 2024, BLK’s earnings surpassed the Zacks Consensus Estimate. Results benefited from a rise in revenues, partially offset by higher expenses and a fall in non-operating income. Further, BLK’s assets unde ...

Investors interested in stocks from the Financial - Investment Management sector have probably already heard of AllianceBernstein (AB) and BlackRock (BLK) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revisi ...

The market expects BlackRock (BLK) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 11, 2024, might help the stock move higher if these key numbers ar ...

The financial sector acts as a gauge of economic vitality, reflecting business investment, consumer confidence, and the overall flow of capital. As a fundamental driver of global economic growth, the financial sector presents a wealth of investment opportunities for those who understand its cyclical nature and can identify the forces shaping its future. Get stock market alerts: Visa: Network Effects in the Digital Payments Revolution The future tells of an undeniable global shift towards digital payments, f ...