Investing.com – BlackRock (NYSE:) reported on Friday fourth quarter that beat analysts’ forecasts and revenue that was inline with expectations.
BlackRock announced earnings per share of $10.42 on revenue of $5.11B. Analysts polled by Investing.com anticipated EPS of $10.06 on revenue of $5.11B.
BlackRock shares are down 5% from the beginning of the year and are trading at $867.58 , down-from-52-week-high.They are under-performing the S&P 500 which is down 2.25% year to date.
BlackRock follows other major Financial sector earnings this month
BlackRock’s report follows an earnings beat by FactSet Research on Tuesday, December 21, 2021, who reported EPS of $3.25 on revenue of $424.81M, compared to forecasts EPS of $2.99 on revenue of $419.37M.
Jefferies Financial had missed expectations on Wednesday with fourth quarter EPS of $1.2 on revenue of $1.81B, compared to forecast for EPS of $1.31 on revenue of $1.88B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar