BlackRock (BLK) Exceeds Market Returns: Some Facts to Consider

Company Performance - BlackRock (BLK) closed at $1,148.17, with a gain of +2.08% from the previous trading session, outperforming the S&P 500's gain of 1.52% [1] - Over the past month, BlackRock's shares increased by 0.57%, while the Finance sector gained 1.71% and the S&P 500 gained 1.1% [1] Upcoming Earnings - BlackRock is projected to report earnings of $11.78 per share, reflecting a year-over-year growth of 2.79%, with a revenue estimate of $6.26 billion, indicating a 20.39% rise from the same quarter last year [2] Full Year Estimates - For the full year, analysts expect earnings of $47.57 per share and revenue of $23.47 billion, marking changes of +9.08% and +15% respectively from the previous year [3] Analyst Sentiment - Recent changes to analyst estimates for BlackRock indicate optimism regarding the business and profitability, with a 0.91% upward shift in the Zacks Consensus EPS estimate over the past month [5][3] Valuation Metrics - BlackRock has a Forward P/E ratio of 23.65, which is a premium compared to the industry average of 11.79 [5] - The company has a PEG ratio of 2.15, while the Financial - Investment Management industry has an average PEG ratio of 1.31 [6] Industry Ranking - The Financial - Investment Management industry ranks in the top 26% of all industries, with a current Zacks Industry Rank of 64 [7]