# BlackRock, Inc. (BLK) — Q1-2009 Earnings Results

**Report date:** 2009-04-21 (before market open)  
**Sector:** Financials / Asset Management & Custody Banks  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/BLK/earnings/Q1-2009

## Post-Earnings Brief

### Headline

BlackRock Misses on EPS, Stock Up 12.3%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.62 | N/A | -22.98% |
| Revenue | N/A | N/A | N/A |

### Management Commentary

**Tone:** Defensive

Overall, management expressed caution regarding future market volatility. They highlighted efforts to navigate through the current economic landscape.

**Key quotes:**

> Management acknowledged the challenging market conditions.

> They emphasized a focus on cost management and operational efficiency.

### Guidance Changes

No guidance updates were provided during the earnings call.

### What It Means

Despite missing EPS expectations, BlackRock's stock rose by 12.3% following the earnings report. This increase may reflect investor optimism about the company's ability to manage costs and navigate market challenges. The lack of revenue data and guidance leaves some uncertainty about future performance.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/BLK/earnings/Q1-2009_