BlackRock, Inc. (BLK) Q3 2011 Earnings Results

BlackRock Beats on EPS, Stock Down 4.72%

BlackRock's earnings report showed a positive surprise on EPS, indicating better-than-expected profitability. However, the stock fell by 4.72%, likely due to broader market concerns and a lack of guidance for future performance. Investors may be reacting to uncertainties in the market environment that management highlighted during the call.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$2.83	N/A	+4.20%

Management

Management commentary

Tone: Defensive

Management expressed caution regarding market conditions. They highlighted their commitment to client service amid uncertainties.

We are navigating a challenging market environment.

Our focus remains on delivering value to our clients.

BlackRock Beats on EPS, Stock Down 4.72%

Key numbers

Management commentary

BlackRock, Inc.

More earnings this week

BlackRock Beats on EPS, Stock Down 4.72%

Key numbers

Management commentary