BLK - BlackRock Laps the Stock Market: Here's Why | Benzinga
The latest trading session saw BlackRock (NYSE: BLK) ending at $777.37, denoting a +0.69% adjustment from its last day's close. This move outpaced the S&P 500's daily gain of 0.11%. On the other hand, the Dow registered a loss of 0.3%, and the technology-centric Nasdaq increased by 0.56%.
Coming into today, shares of the investment firm had gained 1.06% in the past month. In that same time, the Finance sector gained 4.44%, while the S&P 500 gained 5.06%.
Investors will be eagerly watching for the performance of BlackRock in its upcoming earnings disclosure. The company's earnings per share are projected to be $9.96, reflecting a 7.33% increase from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $4.89 billion, indicating a 9.66% upward movement from the same quarter last year.
For the annual period, the Zacks ...