BlackRock reports Q4 adjusted EPS $9.66, consensus $8.84

Reports Q4 revenue $4.63B, consensus $4.61B. Reports $10T in AUM in Q4. The company said, “”BlackRock delivered differentiated organic growth and operating margin through historically challenging market and industry conditions in 2022 and 2023. As we’ve seen before, when investors were ready to put money back to work, they did it with BlackRock. Clients entrusted us with $289 billion of net inflows in 2023, including $96 billion in the fourth quarter. We enter 2024 with strong momentum – $10 trillion in AUM, accelerating flows, and an organization positioned for the future.”