BlackRock Non-GAAP EPS of $8.93 Beats By $0.86, Revenue of $4.34B Beats By $70M
Seeking Alpha2023-01-13
BlackRock(NYSE:BLK): Q4 Non-GAAP EPS of $8.93beats by $0.86.
Revenue of $4.34B (-15.1% Y/Y)beats by $70M.
$146 billion of quarterly long-term net inflows, including $61 billion of active net inflows, with total net inflows of $114 billion reflecting net outflows from cash management
8% decrease in full year revenue primarily driven by the impact of significantly lower markets and dollar appreciation on average AUM and lower performance fees
AUM of $8.59T up from AUM of $7.96T at the end of Q3, average AUM of $8.42T up from $8.48T at the end of Q3.
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