Tag Archives: Mixed

BlackRock fall 5% on mixed earnings — why we’d look to buy Wednesday

BlackRock fall 5% on mixed earnings — why we’d look to buy Wednesday

BlackRock shares fell Tuesday after the world’s largest asset manager reported mixed second-quarter earnings — presenting a buying opportunity for patient investors. Revenue in the second quarter rose 12.9% year over year to $5.42 billion, but missed the $5.46 billion estimate, according to LSEG. Adjusted earnings per share (EPS) of $12.05 topped expectations of $10.82, LSEG data showed. Assets under …

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