BlackRock Reveals $4.63B in Q4 2023 Earnings Report
Submitted by Anonymous (not verified) on Fri, 01/12/2024 - 14:00
Coinspeaker
BlackRock Reveals $4.63B in Q4 2023 Earnings Report
BlackRock, the largest asset manager in the world, posted the fourth-quarter (Q4 2023) earnings which surpassed the projections made by analysts. The company also unveiled the acquisition of Global Infrastructure Partners as part of its expansion into private markets.
For Q4 2023, BlackRock posted revenue of $4.63 billion and earnings of $9.66 per share. These figures go beyond the projections from FactSet that anticipated revenue of $4.6 billion and earnings of $8.84 per share. In the corresponding period a year ago, BlackRock reported revenue of $4.3 billion and earnings of $8.93.
More details will be added soon.