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BlackRock's profit falls sharply in choppy markets
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BlackRock reported $49.77 billion in net inflows for the period ended Dec. 31, compared with $102.93 billion in net inflows in the comparable 2017 period.
Investors as a whole put $28.29 billion into BlackRock equity products. The company's iShares ETFs had $81.4 billion in net inflows for the quarter.
Earnings for the asset manager fell 60% to $927 million, or $5.78 a share, from a year earlier. On an adjusted basis, the company posted earnings of $6.08 a share. Analysts expected $6.28 a share.
Revenue fell 9% to $3.43 billion, just below what analysts' expectations of $3.44 billion.
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https://www.marketwatch.com/story/blackr...2019-01-16
vorbörslich -1%
![[Bild: BLKc1dl0749.png]](https://finviz.com/publish/011619/BLKc1dl0749.png)
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BlackRock reported $49.77 billion in net inflows for the period ended Dec. 31, compared with $102.93 billion in net inflows in the comparable 2017 period.
Investors as a whole put $28.29 billion into BlackRock equity products. The company's iShares ETFs had $81.4 billion in net inflows for the quarter.
Earnings for the asset manager fell 60% to $927 million, or $5.78 a share, from a year earlier. On an adjusted basis, the company posted earnings of $6.08 a share. Analysts expected $6.28 a share.
Revenue fell 9% to $3.43 billion, just below what analysts' expectations of $3.44 billion.
...
https://www.marketwatch.com/story/blackr...2019-01-16
vorbörslich -1%
