BlackRock Analysts Boost Their Forecasts Following Strong Q3 Earnings

BlackRock, Inc. BLK reported better-than-expected third-quarter results on Friday.Revenue growth of 15% Y/Y to $5.197 billion, beating the consensus of$5.007 billion. Adjusted EPS increased 5% Y/Y to $11.46, beating the consensus of$10.38.Laurence D. Fink, Chairman and CEO, said, "Through coordinated investments and initiatives, we are evolving our private markets capabilities to best serve our clients. We're already seeing the power of BlackRock and GIP together as we drive access to the enormous investm ...