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Update: BlackRock's Q1 Adjusted Earnings, Revenue Advance -- Shares Up Pre-Bell
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Update: BlackRock's Q1 Adjusted Earnings, Revenue Advance -- Shares Up Pre-Bell
Apr 12, 2024 6:16 AM

08:52 AM EDT, 04/12/2024 (MT Newswires) -- (Updates with assets under management in the fifth paragraph.)

BlackRock ( BLK ) reported Q1 adjusted earnings Friday of $9.81 per diluted share, up from $7.93 a year earlier.

Analysts polled by Capital IQ expected $9.37.

Revenue for the quarter ended March 31 was $4.73 billion, up from $4.24 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.71 billion.

The company reported assets under management of $10.473 trillion, up from $9.09 trillion a year earlier.

Shares of the asset management company were up almost 2% in Friday's premarket activity.

Price: 800.67, Change: +14.71, Percent Change: +1.87

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