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Top Wall Street Forecasters Revamp BlackRock Expectations Ahead Of Q2 Earnings

BlackRock, Inc. (NYSE:BLK) will release its second quarter financial results, before the opening bell on Monday, July 15. Analysts expect the San Francisco, California-based company to report quarterly earnings at $10.01 per share, up from $9.28 per share in the year-ago period. BlackRock is expected to post revenue of $4.85 billion, compared to $4.46 billion a year earlier, according to data from Benzinga Pro. On July 1, BlackRock announced plans to acquire private markets data data solutions provider Preqin for £2.55 billion ($3.2 billion) in cash. BlackRock shares gained 1.6% to close at $824.87 on Thursday. Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. ...