BlackRock’s Portfolio Rose 16% in the Second Quarter, but Earnings Miss

(HITC Business) The world’s largest asset manager reported second-quarter adjusted earnings per share of $5.24 on revenue of $2.965 billion. In the year-earlier period, the company had posted adjusted earnings of $4.78 per share on sales of $2.804 billion….BlackRock shares fell 2.8 percent in the premarket following the report’s release.

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