Why BlackRock (BLK) Could Beat Earnings Estimates Again

Core Viewpoint - BlackRock is well-positioned to continue its earnings-beat streak in the upcoming report, having surpassed earnings estimates consistently in recent quarters [1][5]. Earnings Performance - In the last reported quarter, BlackRock achieved earnings of $11.3 per share, exceeding the Zacks Consensus Estimate of $10.25 per share by 10.24% [2]. - In the previous quarter, the company was expected to post earnings of $11.27 per share but delivered $11.93 per share, resulting in a surprise of 5.86% [2]. Earnings Estimates and Predictions - Estimates for BlackRock have been trending higher, supported by its history of earnings surprises [5]. - The stock has a positive Zacks Earnings ESP of +7.25%, indicating increased analyst optimism regarding its near-term earnings potential [8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a strong possibility of another earnings beat [8]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7]. Upcoming Earnings Report - BlackRock's next earnings report is anticipated to be released on July 15, 2025 [8].