Morgan Stanley analyst Michael Cyprys has pointed out that BlackRock, Inc (NYSE: BLK) is expected to announce its earnings before the market opens on Jan. 12.
Compared to the consensus, Cyprys forecasts a 0.6% increase in revenues but anticipates a 1.7% rise in adjusted expenses, resulting in a 1.5% decrease in both adjusted operating income and earnings per share (EPS) for Q4 2023.
As the earnings report approaches, Cyprys is eager to hear BlackRock's insights on several key areas. These include the potential for growth in fixed income, the outlook for organic growth in the current market conditions, prospects for transformative mergers and acquisitions, the impact of varying beta on fee rates, the influence of foreign exchange tailwinds ...