Analysts anticipate BlackRock to report an earnings per share (EPS) of $10.67.
Investors in BlackRock are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Historical Earnings Performance
Last quarter the company beat EPS by $0.16, which was followed by a 0.0% drop in the share price the next day.
Here's a look at BlackRock's past performance and the resulting price change:
Quarter
Q1 2025
Q4 2024
Q3 2024
Q2 2024
EPS Estimate
11.14
11.21
10.38
9.95
EPS Actual
11.30
11.93
11.46
10.36
Price Change %
2.0%
-2.0%
4.0%
3.0%
Market Performance of BlackRock's Stock
Shares of BlackRock were trading at $1101.64 as of July 11. Over the last 52-week period, shares are up 30.54%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analysts' Take on BlackRock
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on BlackRock.
The consensus rating for BlackRock is Outperform, based on 9 analyst ratings. With an average one-year price target of $1121.33, there's a potential 1.79% upside.
Understanding Analyst Ratings Among ...