Investing.com - BlackRock (NYSE:BLK) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BlackRock announced earnings per share of $10.95 on revenue of $5.05B. Analysts polled by Investing.com anticipated EPS of $9.6 on revenue of $4.82B.
BlackRock shares are up 15% from the beginning of the year and are trading at $836.19 , down-from-52-week-high.They are under-performing the S&P 500 which is up 15.83% 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 Thursday, September 30, 2021, who reported EPS of $1.5 on revenue of $1.94B, compared to forecasts EPS of $0.9933 on revenue of $1.74B.
Pinnacle had beat expectations on Wednesday with third quarter EPS of $1.75 on revenue of $341.64M, compared to forecast for EPS of $1.55 on revenue of $324.38M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar