Investing.com - BlackRock (NYSE:BLK) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BlackRock announced earnings per share of $9.22 on revenue of $4.37B. Analysts polled by Investing.com anticipated EPS of $7.73 on revenue of $3.92B.
BlackRock shares are up 22% from the beginning of the year and are trading at $614.89 , down-from-52-week-high.They are outperforming the S&P 500 which is up 9.39% from the start of the year.
BlackRock follows other major Financial sector earnings this month
BlackRock's report follows an earnings beat by Jefferies Financial on Wednesday, September 23, 2020, who reported EPS of $1.07 on revenue of $1.62B, compared to forecasts EPS of $0.34 on revenue of $1.11B.
Lemonade had beat expectations on Friday, September 18, 2020 with third quarter EPS of $-1.77 on revenue of $29.9M, compared to forecast for EPS of $-2.13 on revenue of $29.53M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar