💨 Abstract
BlackRock, Inc. reported a second-quarter profit of $1.59 billion, with adjusted earnings of $12.05 per share, surpassing analyst expectations. The firm reported $5.42 billion in revenue, slightly missing forecasts. BlackRock's shares have increased by over 8% year-to-date and 34% in the past 12 months.
Courtesy: WTOP Staff
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