# BlackRock, Inc. (BLK) — Q3-2013 Earnings Results

**Report date:** 2013-10-16 (before market open)  
**Sector:** Financials / Asset Management & Custody Banks  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/BLK/earnings/Q3-2013

## Post-Earnings Brief

### Headline

BlackRock Inc. Misses on EPS, Stock Up 2.91%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $3.88 | N/A | -0.03% |

### Management Commentary

**Tone:** Cautiously Optimistic

Overall, management conveyed a cautious outlook while reaffirming their commitment to strategic growth. They acknowledged the current market environment but remain focused on long-term objectives.

**Key quotes:**

> Management highlighted ongoing market challenges but expressed confidence in long-term strategies.

> They emphasized the importance of maintaining client relationships during volatile periods.

### Guidance Changes

No forward guidance was provided during the earnings call.

### What It Means

BlackRock's earnings report shows a slight miss on EPS, but the stock reacted positively, rising 2.91%. This increase may reflect investor confidence in the company's long-term strategies despite current market challenges. The lack of revenue data and guidance leaves some uncertainty, but management's cautious optimism could reassure investors.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/BLK/earnings/Q3-2013_