BlackRock Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
BlackRock, Inc. (NYSE:BLK) is set to release its Q3 earnings on Oct. 11, with expected earnings of $10.38 per share and revenue of $5.01 billion. Analysts have recently adjusted their price targets for BlackRock, with several maintaining positive ratings. The company also completed the acquisition of Global Infrastructure Partners.
October 11, 2024 | 7:24 am
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BlackRock is expected to report Q3 earnings of $10.38 per share, down from last year, with revenue of $5.01 billion. Analysts have maintained positive ratings and increased price targets, indicating confidence in the company's performance. The recent acquisition of Global Infrastructure Partners may also impact future growth.
The expected earnings and revenue figures, along with the recent acquisition, suggest a stable outlook for BlackRock. Analysts' positive ratings and increased price targets further indicate confidence in the company's performance, likely leading to a positive short-term impact on the stock price.
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IMPORTANCE 90
RELEVANCE 100