The corporate’s adjusted web revenue rose to $1.55 billion, or $10.03 per share, within the three months ended June 30, from $1.21 billion, or $7.85 per share, a yr earlier.
Analysts on common had anticipated a revenue of $9.46 per share, based on IBES knowledge from Refinitiv.
Internet inflows stood at $81 billion, pushed by increased investments in BlackRock’s varied funds, together with its exchange-traded funds.
BlackRock’s bumper quarter noticed its belongings underneath administration develop to a report $9.49 trillion from $7.32 trillion in the identical quarter final yr.
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