MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, July 17, 2013 Why Did BlackRock's Earnings Expectations Fall? Analyst second quarter EPS expectations for BlackRock [profile] have fallen this month, Forbes writes, from $3.86 per share to $3.82 per share, However, the esteemed financial publication doesn't give you an explanation regarding why. Earnings of $15.78 per share are expected for the year and revenue is expected to be $2.49 billion, 12 percent year over year. Fifty-six percent of analysts rate BlackRock as a buy, which is not a big surprise as the company has had 9 percent growth in profit year over year for the last four quarters. BlackRock will report its second quarter earnings July 29. To read more, click here. Printed from: MFWire.com/story.asp?s=44964 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |