BlackRock, Inc. (BLK) Q4 2008 Earnings Results

BlackRock Misses on EPS, Stock Up 4.89%

BlackRock's earnings report indicates a significant miss on EPS, reflecting the tough market conditions the company is facing. Despite this, the stock rose by nearly 5%, likely due to investors' optimism about the company's long-term strategies. The lack of revenue data and guidance suggests uncertainty in the near term, but the stock's positive reaction may indicate confidence in recovery potential.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.40	N/A	-60.90%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Defensive

Management expressed caution regarding the current economic environment. They emphasized a commitment to long-term growth despite recent challenges.

The company is navigating through challenging market conditions.

Focus remains on long-term strategies despite short-term pressures.

BlackRock Misses on EPS, Stock Up 4.89%

Key numbers

Management commentary

BlackRock, Inc.

More earnings this week

BlackRock Misses on EPS, Stock Up 4.89%

Key numbers

Management commentary