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BlackRock Inc. (IT:1BLK)
:1BLK
Earnings Data
Report Date
Jul 18, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
9.29Last Year’s EPS
9.14Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 11, 2025
|% Change Since: 12.39%
|Next Earnings Date:Jul 18, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance by BlackRock, with record AUM, significant net inflows, and robust growth in revenue and earnings. The company is well-positioned for future growth through strategic acquisitions and a diversified product offering. However, institutional index outflows and increased expenses present challenges.Company Guidance
During BlackRock's First Quarter 2025 Earnings Teleconference, key financial metrics were highlighted, showcasing strong performance amidst a challenging market environment. The company achieved a 6% organic base fee growth, surpassing their target for the quarter, alongside double-digit growth in revenue, operating income, and earnings per share (EPS), with EPS increasing by 15% year-over-year to $11.30. BlackRock reported record assets under management (AUM) of $11.6 trillion, with $670 billion in new assets over the past 12 months, of which 60% was organic growth. The first quarter saw net inflows of $84 billion, rising to $140 billion when excluding $55 billion in episodic low-fee institutional index redemptions. Operating income rose by 14% to $2 billion, accompanied by a 100 basis point expansion in the as-adjusted operating margin, now at 43.2%. Revenue for the quarter totaled $5.3 billion, marking a 12% increase year-over-year, driven by organic growth and market impacts on average AUM. Additionally, BlackRock's technology services and subscription revenue saw a 16% growth, with annual contract value increasing by 30% year-over-year, bolstered by the Preqin acquisition. The firm also highlighted strategic growth in ETFs and private markets, emphasizing their continued commitment to delivering value to clients and shareholders through diversified and resilient operations across global markets.Record AUM and Strong Inflows
BlackRock finished the quarter with a record AUM of $11.6 trillion. Over the last 12 months, clients entrusted BlackRock with $670 billion of new assets, with 60% of this growth being organic. First quarter net inflows were $84 billion, with $140 billion net inflows excluding large low-fee institutional index redemptions.
Revenue and Earnings Growth
First quarter revenue increased 12% year-over-year to $5.3 billion. Operating income grew 14% to $2 billion, and earnings per share improved 15% to $11.30. The operating margin expanded by 100 basis points to 43.2%.
ETF and Technology Services Surge
ETF net inflows totaled $107 billion, with strong performance across core equity and fixed income ETFs. Technology services and subscription revenue grew by 16%, supported by the Preqin acquisition and sustained demand for Aladdin technology offerings.
Strategic Acquisitions and Partnerships
BlackRock announced acquisitions and partnerships, including a minority investment in Germany's Viridium Group, a $30 billion capital target AI infrastructure partnership, and a significant infrastructure investment with a consortium to acquire 43 ports globally.
IT:1BLK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IT:1BLK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 11, 2025 | €764.50 | €761.20 | -0.43% |
Jan 15, 2025 | €933.09 | €968.10 | +3.75% |
Oct 11, 2024 | €871.35 | €890.45 | +2.19% |
Jul 15, 2024 | €751.58 | €751.78 | +0.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does BlackRock Inc. (IT:1BLK) report earnings?
BlackRock Inc. (IT:1BLK) is schdueled to report earning on Jul 18, 2025, TBA Not Confirmed.
What is BlackRock Inc. (IT:1BLK) earnings time?
BlackRock Inc. (IT:1BLK) earnings time is at Jul 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of BlackRock Inc. stock?
The P/E ratio of BlackRock is N/A.
What is IT:1BLK EPS forecast?
IT:1BLK EPS forecast for the fiscal quarter 2025 (Q2) is 9.29.
