BlackRock Q3 Profit Beats Estimates With $205B Inflows
BlackRock reported a third quarter profit that beat Wall Street expectations and drew $205 billion in total client inflows. Assets under management rose to $15.49 trillion amid strong equity markets.
Xurve View
Insights:
Xurve View
BlackRock Inc attracted $205 billion in third-quarter inflows and posted an adjusted profit of $15.93 per share, beating Wall Street expectations of $14.13. The results sent shares up 5% during Wednesday morning premarket trading.
