For the quarter ended March 2026, BlackRock (BLK) reported revenue of $6.7 billion, up 27% over the same period last year. EPS came in at $12.53, compared to $11.30 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $6.6 billion, representing a surprise of +1.48%. The company delivered an EPS surprise of +9.34%, with the consensus EPS estimate being $11.46.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how BlackRock performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net inflows: $129.72 billion versus the two-analyst average estimate of $130.49 billion. Assets under management - Cash management: $1,073.32 billion compared to the $1,081.50 billion average estimate based on two analysts. Total Assets Under Management: $13,894.60 billion versus $14,210.71 billion estimated by two analysts on average. Revenue- Technology services revenue: $530 million versus $538 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +21.6% change. Revenue- Investment advisory, administration fees and securities lending revenue- Equity subtotal: $2.39 billion versus the two-analyst average estimate of $2.32 billion. The reported number represents a year-over-year change of +27.8%. Revenue- Total investment advisory, administration fees and securities lending revenue: $5.44 billion versus $5.36 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +23.6% change. Revenue- Distribution fees: $389 million compared to the $376.91 million average estimate based on two analysts. The reported number represents a change of +21.2% year over year. Revenue- Investment advisory, administration fees and securities lending revenue- Long-Term: $5.1 billion compared to the $5.02 billion average estimate based on two analysts. The reported number represents a change of +24.1% year over year. Revenue- Investment advisory, administration fees and securities lending revenue- Fixed income- ETFs: $434 million compared to the $426.75 million average estimate based on two analysts. The reported number represents a change of +23.3% year over year. Revenue- Investment advisory, administration fees and securities lending revenue- Equity- ETFs: $1.79 billion compared to the $1.72 billion average estimate based on two analysts. The reported number represents a change of +32.9% year over year. Revenue- Investment advisory, administration fees and securities lending revenue- Non-ETF index: $342 million versus $348.86 million estimated by two analysts on average. Revenue- Investment advisory, administration fees and securities lending revenue- Digital assets, commodities and multi-asset ETFs: $179 million compared to the $160.67 million average estimate based on two analysts.View all Key Company Metrics for BlackRock here>>>
Shares of BlackRock have returned +8.5% over the past month versus the Zacks S&P 500 composite's +3.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Beyond Nvidia: AI's Second Wave Is Here
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This article originally published on Zacks Investment Research (zacks.com).