BlackRock (NYSE:BLK) reported second quarter earnings that missed analysts' expectations on Friday and revenue that fell short of forecasts.
The firm reported earnings per share of $6.41 on revenue of $3.52B. Analysts polled by expected EPS of $6.65 on revenue of $3.58B. That compared to EPS of $6.66 on revenue of $3.61B in the same period a year earlier. The company had reported EPS of $6.61 on revenue of $3.35B in the previous quarter.
BlackRock follows other major Financial sector earnings this month
On Tuesday, JPMorgan reported second quarter EPS of $2.82 on revenue of $29.57B, compared to forecasts of EPS of $2.51 on revenue of $28.84B.
Bank of America earnings beat analysts' expectations on Wednesday, with second quarter EPS of $0.74 on revenue of $23.08B. analysts expected EPS of $0.71 on revenue of $23.12B
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