Growth in AUM Likely to Support BlackRock's (BLK) Q1 Earnings

BlackRock, Inc. (BLK) is slated to report first-quarter 2024 results on Apr 12 before the opening bell. Its revenues and earnings are expected to have improved in the quarter on a year-over-year basis.In fourth-quarter 2023, BLK’s earnings surpassed the Zacks Consensus Estimate. Results benefited from a rise in revenues and higher non-operating income. Further, the assets under management (AUM) balance witnessed improvement owing to net inflows.BlackRock has an impressive earnings surprise history. Its earn ...