07:48 AM EDT, 07/15/2025 (MT Newswires) -- (Updates with assets under management data in headline and fifth paragraph; latest stock move in last paragraph.)

BlackRock ( BLK ) reported Q2 adjusted earnings Tuesday of $12.05 per diluted share, up from $10.36 a year earlier.

Analysts surveyed by FactSet expected $10.78.

Revenue for the three months ended June 30 was $5.42 billion, compared with $4.81 billion a year ago.

Analysts surveyed by FactSet expected $5.45 billion.

The company said its assets under management reached $12.528 trillion, about 18% higher than $10.646 trillion a year earlier.

The company's shares were down 1.8% in recent premarket activity Tuesday.