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Home invest in investing living frugal what to invest in BlackRock results fall short of expectations, assets fall back below $6 trillion

BlackRock results fall short of expectations, assets fall back below $6 trillion

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KEY POINTS

  • BlackRock says its fourth-quarter revenue totaled $3.434 billion while adjusted earnings per share was $6.08, with both missing Wall Street forecasts.
  • The company’s assets under management fell 5 percent to $5.98 trillion over the last 12 months and slipped 7 percent from the prior quarter.
  • Earnings for the asset manager fell nearly 60 percent to $927 million.

https://www.cnbc.com/2019/01/15/blackrock-earnings-q4-2018.html



Submitted January 16, 2019 at 07:56AM by markyu007 http://bit.ly/2TSCdCi
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