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BlackRock (BLK) Surpasses Q1 Earnings Estimates
ZACKS· 2025-04-11 12:10
BlackRock (BLK) came out with quarterly earnings of $11.30 per share, beating the Zacks Consensus Estimate of $10.25 per share. This compares to earnings of $9.81 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.24%. A quarter ago, it was expected that this investment firm would post earnings of $11.27 per share when it actually produced earnings of $11.93, delivering a surprise of 5.86%.Over the last four quarters, the comp ...
4月11日电,香港交易所信息显示,贝莱德(BlackRock)在中国石油股份的持股比例于04月08日从7.26%降至6.97%。
news flash· 2025-04-11 09:25
智通财经4月11日电,香港交易所信息显示,贝莱德(BlackRock)在中国石油股份的持股比例于04月08 日从7.26%降至6.97%。 ...
BlackRock Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2025-04-11 07:01
BlackRock, Inc BLK will release its first-quarter financial results before the opening bell on Friday, April 11.Analysts expect the company to report quarterly earnings at $10.21 per share, up from $9.81 per share in the year-ago period. BlackRock projects quarterly revenue of $5.31 billion, compared to $4.73 billion a year earlier, according to data from Benzinga Pro.BlackRock recently broadened its fixed-income lineup with two new target maturity ETFs. The iShares iBonds Dec 2035 Term Corporate ETF IBCA a ...
香港交易所信息显示,贝莱德在中兴通讯的持股比例于04月07日从5.97%升至6.02%。
news flash· 2025-04-10 09:22
香港交易所信息显示, 贝莱德在 中兴通讯的持股比例于04月07日从5.97%升至6.02%。 ...
Rise in AUM to Aid BlackRock's Q1 Earnings, Higher Expenses to Hurt
ZACKS· 2025-04-09 15:50
Core Viewpoint - BlackRock is expected to report improved quarterly revenues and earnings for Q1 2025, with a significant year-over-year growth in assets under management (AUM) and revenues, despite facing higher expenses and lower non-operating income [1][2]. Group 1: Performance Expectations - BlackRock's fourth-quarter 2024 earnings exceeded the Zacks Consensus Estimate, driven by increased revenues and AUM growth, although higher expenses and lower non-operating income were challenges [2]. - The Zacks Consensus Estimate for total AUM is $11.79 trillion, reflecting a 12.6% year-over-year increase, while the company's own estimate is $11.78 trillion [7]. - Revenue from investment advisory, administration fees, and securities-lending is projected to grow to $4.38 billion, indicating a 15.9% year-over-year rise, with the company's estimate at $4.31 billion [8]. Group 2: Revenue Components - Investment advisory performance fees are estimated at $224.1 million, showing a 9.8% growth, while distribution fees are expected to be $318.1 million, a 2.7% increase [9]. - Technology services revenues are projected at $446.9 million, suggesting an 18.5% year-over-year rise, with the company's estimate at $429.5 million [9]. - Advisory and other revenues are expected to reach $64.4 million, indicating a 9.2% year-over-year increase, with the company's estimate at $60.2 million [10]. Group 3: Expense Outlook - Total expenses for BlackRock are anticipated to rise to $3.53 billion, reflecting a 16.2% year-over-year increase, driven by restructuring initiatives and inorganic expansion efforts [11]. Group 4: Major Developments - BlackRock completed the acquisition of Preqin in March, enhancing its private market capabilities to meet client demand [12][13]. - The company launched a bitcoin exchange-traded product, iShares Bitcoin, in Europe, following the success of its U.S. fund tracking the cryptocurrency [14]. Group 5: Earnings Predictions - The chances of BlackRock beating the Zacks Consensus Estimate for earnings are considered low, with an Earnings ESP of -2.06% and a Zacks Rank of 4 (Sell) [15][16]. - The consensus estimate for first-quarter earnings is $10.69, revised downward by 1.4%, indicating a 9% increase from the previous year [16].
ENVESTNET TEAMS WITH BLACKROCK TO SIMPLIFY ACCESS TO CUSTOM MODELS
Prnewswire· 2025-04-09 13:00
Enables Advisors to Meet Growing Demands for Portfolio Customization at Scale BERWYN, Pa. and LAS VEGAS, April 9, 2025 /PRNewswire/ -- Today, Envestnet announced at its Elevate conference in Las Vegas that it has gone live with BlackRock (NYSE: BLK) custom model portfolios for registered investment advisors (RIAs). The new offering provides RIAs with streamlined access to BlackRock's custom model capabilities, managed within a single account and powered by Envestnet's UMA technology. In addition to traditio ...
4月9日电,香港交易所信息显示,贝莱德(BlackRock)在中远海能的持股比例于04月04日从5.15%降至4.59%。
news flash· 2025-04-09 09:23
智通财经4月9日电,香港交易所信息显示,贝莱德(BlackRock)在中远海能的持股比例于04月04日从 5.15%降至4.59%。 ...
4月9日电,香港交易所信息显示,贝莱德(BlackRock)在汇丰控股的持股比例于04月04日从8.98%升至9.01%。
news flash· 2025-04-09 09:23
Group 1 - BlackRock's stake in HSBC increased from 8.98% to 9.01% as of April 4 [1]
贝莱德227亿美元收购长和港口业务陷入多方审查, 巴拿马或将收回经营权
Jin Rong Jie· 2025-04-09 02:03
Core Viewpoint - The $22.765 billion port business transaction between BlackRock and CK Hutchison is facing multiple challenges, including potential legal issues in Panama and regulatory scrutiny from Chinese authorities [1][6]. Group 1: Transaction Details - CK Hutchison announced on March 4 that it plans to sell 43 port businesses, including the Panama Canal, to a buyer consortium led by BlackRock, which also includes Global Infrastructure Partners (GIP) and Terminal Investment Limited (TiL) [2]. - The transaction is expected to generate over $19 billion in cash for CK Hutchison, which is equivalent to the company's overall market value, making it the largest transaction in the company's history [2]. - CK Hutchison's port division operates 293 berths across 53 ports in 24 countries, handling a total throughput of 82.1 million standard containers in 2023 [2]. Group 2: BlackRock's Strategic Position - BlackRock, founded in 1988, is the world's largest asset management company, managing over $11.6 trillion in assets across various sectors, including equities, bonds, and real estate [4]. - Approximately 80% of BlackRock's managed assets come from institutional clients, including government and high-net-worth individuals [4]. - The acquisition of GIP, a company specializing in infrastructure, and TiL, which operates nearly 70 key ports globally, positions BlackRock to control about 10.4% of global container throughput if the transaction is completed [4]. Group 3: Regulatory Challenges - The transaction is under scrutiny from the Chinese National Market Supervision Administration, which is conducting a review to ensure fair competition and protect public interests [6]. - In Panama, the Office of the Comptroller General has identified multiple violations in the port concession agreements and plans to sue officials involved in the renewal of these agreements [7]. - The deal must also pass antitrust reviews in 12 jurisdictions, including the EU and the US, and requires approval from CK Hutchison's special shareholders' meeting [7].
BlackRock warns it's ‘increasingly cautious' on U.S. stocks
Finbold· 2025-04-08 15:52
Core Viewpoint - BlackRock has adopted a cautious outlook on the U.S. stock market due to rising policy uncertainty that may hinder economic growth and stock performance [2][3]. Group 1: Investment Outlook - BlackRock has shifted its U.S. stock weighting from 'Overweight' to 'Neutral' for a three-month tactical horizon, reflecting a decision to reduce risk exposure amid heightened market uncertainty [3]. - The firm is lowering its exposure to Chinese equities while increasing its preference for short-term U.S. Treasuries, which are considered safer during potential market disruptions [4]. Group 2: Long-term Perspective - Despite short-term caution, BlackRock maintains a positive long-term view on American stocks, expecting the market to regain global leadership over time, supported by structural trends such as advancements in artificial intelligence [5]. - CEO Larry Fink indicated that a potential downturn in the stock market should be viewed as a buying opportunity, anticipating a market recovery [6]. Group 3: Market Sentiment - The recent sell-off in the stock market, attributed to trade tariffs, has led to a 2.5% increase in the S&P 500 as of the latest report [1]. - Goldman Sachs has also raised concerns about the stock market, suggesting that the recent sell-off could evolve into a long-lasting cyclical bear market, with recession risks estimated at a 45% chance [6].