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BlackRock Reports Third-Quarter EPS of $10.57

BLK

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10:07:11 AM UTC
SquawkNews
BlackRock NYSE:BLK posted a jump in third-quarter profit on Wednesday, as the world's largest asset manager raked in higher fees from managing client funds.Shares of the firm rose 3.1% in premarket trading.Its profit rose to $1.66 billion, or $10.57 per share, in the three months ended September 30…
10:23:15 AM UTC
SquawkNews
WASHINGTON (dpa-AFX) - Blackrock Inc. (BLK) reported earnings for its third quarter that Increases, from the same period last yearThe company's bottom line totaled $1.659 billion, or $10.57 per share. This compares with $1.323 billion, or $8.43 per share, last year.Excluding items, Blackrock Inc…