Blackrock Stock Falls 5.5% After Missing Q2 Revenue Estimates

BlackRock shares fell 5.5% to $1,050.01 after Q2 revenue missed Wall Street's expectations, reporting $5.42 billion, a 13% increase from the prior year, below analysts' expectations of $5.45 billion. The company reported $12.53 trillion in assets and adjusted earnings of $12.05 a share, above analysts' expectations of $10.78.

BlackRock (BLK) reported mixed Q2 earnings, with the company's shares falling 5.5% to $1,050.01 following the release of its quarterly results. The asset management giant posted revenues of $5.42 billion, a 13% increase from the prior year, but this figure fell short of analysts' expectations of $5.45 billion [2]. The company reported $12.53 trillion in assets under management (AUM) and adjusted earnings of $12.05 per share, which exceeded analysts' expectations of $10.78 [1].

Despite missing revenue expectations, BlackRock's earnings per share (EPS) beat the Zacks Consensus Estimate of $10.71, representing a quarterly earnings surprise of +12.51% [1]. This marks the fourth consecutive quarter where BlackRock has surpassed consensus EPS estimates. The company's Q2 net inflows reached $68 billion, reflecting the impact of market conditions and investor sentiment.

BlackRock's stock performance has been robust so far this year, with shares adding about 8.4% since the beginning of 2025, compared to the S&P 500's gain of 6.6% [1]. The company's earnings outlook remains a key factor for investors, with the current consensus EPS estimate at $11.62 for the coming quarter and $46.07 for the current fiscal year. The Zacks Rank, which considers earnings estimate revisions, currently rates BlackRock as a #2 (Buy), indicating expectations for near-term outperformance [1].

Investors will be closely monitoring BlackRock's earnings call for management's commentary on the company's financial performance and future outlook. The sustainability of the stock's immediate price movement will depend on these insights.

References:
[1] https://sg.finance.yahoo.com/news/blackrock-blk-q2-earnings-top-111001390.html
[2] https://seekingalpha.com/news/4467348-blackrock-q2-earnings-aum-top-consensus-inflows-revenue-miss