BlackRock (BLK) closed at $1,148.17, up 2.08% from the previous session, outperforming the S&P 500, which gained 1.52%. Dow rose by 1.89% and Nasdaq by 1.88%. In the past month, BLK shares gained 0.57%, while the Finance sector rose by 1.71% and the S&P 500 by 1.1%.

BlackRock is expected to report earnings of $11.78 per share, a 2.79% increase year-over-year, with projected revenue of $6.26 billion, up by 20.39%. Analysts estimate full-year earnings of $47.57 per share and revenue of $23.47 billion, marking changes of +9.08% and +15% respectively. The Zacks Rank system rates BLK as a #3 (Hold).

With a Forward P/E ratio of 23.65, BLK holds a premium compared to the industry average of 11.79. It also has a PEG ratio of 2.15, higher than the industry average of 1.31. The Financial – Investment Management industry ranks in the top 26% of all industries, with the Zacks Industry Rank at 64.

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Read more at Nasdaq: BlackRock (BLK) Exceeds Market Returns: Some Facts to Consider