Asset Management

BlackRock tops earnings forecasts

Risk management revenue rises as the firm’s low-cost ETFs see continued inflows

BlackRock tops earnings forecasts

BlackRock beat earnings estimates in its third quarter as money continued flowing into its low-cost exchange-traded funds and risk management revenue rose, writes Cara Lombardo for The Wall Street Journal.

The investment manager reported adjusted earnings per share of $5.92, more than the $5.56 analysts polled by Thomson Reuters expected.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump