Investing.com - BlackRock (NYSE:BLK) reported second quarter earnings that missed analysts' expectations on Friday and revenue that fell short of forecasts.
The firm reported earnings per share of $6.41 on revenue of $3.52B. Analysts polled by Investing.com anticipated EPS of $6.65 on revenue of $3.58B. That compared to EPS of $6.66 on revenue of $3.61B in the same period a year earlier. The company had reported EPS of $6.61 on revenue of $3.35B in the previous quarter.
For the year, BlackRock shares are up 20.93%, broadly in line with the S&P 500 which is up 20.92% year to date.
BlackRock follows other major Financial sector earnings this month
On Tuesday, JPMorgan reported second quarter EPS of $2.82 on revenue of $29.57B, compared to forecasts of EPS of $2.51 on revenue of $28.84B.
Bank of America earnings beat analyst's expectations on Wednesday, with second quarter EPS of $0.74 on revenue of $23.08B. Investing.com analysts expected EPS of $0.71 on revenue of $23.12B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar