Rise in AUM Likely to Aid BlackRock's Q3 Earnings, High Costs to Hurt

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 ...