Back to top

Image: Bigstock

BlackRock (BLK) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Read MoreHide Full Article

BlackRock (BLK - Free Report) reported $5.28 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 11.6%. EPS of $11.30 for the same period compares to $9.81 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $5.33 billion, representing a surprise of -1.00%. The company delivered an EPS surprise of +10.24%, with the consensus EPS estimate being $10.25.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how BlackRock performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net inflows: $84.17 billion compared to the $81.98 billion average estimate based on three analysts.
  • Net inflows - Product Type - Cash management: $0.82 billion compared to the $-56.18 billion average estimate based on three analysts.
  • Assets under management - Cash management: $930.63 billion versus the three-analyst average estimate of $769.43 billion.
  • Total Assets Under Management: $11,583.93 billion versus $11,695.77 billion estimated by three analysts on average.
  • Revenue- Technology services revenue: $436 million versus the four-analyst average estimate of $439.50 million. The reported number represents a year-over-year change of +15.7%.
  • Revenue- Advisory and other revenue: $58 million versus $63.18 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -1.7% change.
  • Revenue- Investment advisory performance fees: $60 million compared to the $136.26 million average estimate based on four analysts. The reported number represents a change of -70.6% year over year.
  • Revenue- Distribution fees: $321 million versus $319.64 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +3.6% change.
  • Revenue- Total investment advisory, administration fees and securities lending revenue: $4.40 billion compared to the $4.38 billion average estimate based on four analysts. The reported number represents a change of +16.5% year over year.
  • Revenue- Investment advisory, administration fees and securities lending revenue- Cash management: $293 million compared to the $289.42 million average estimate based on three analysts. The reported number represents a change of +19.6% year over year.
  • Revenue- Investment advisory performance fees- Alternatives subtotal: $34 million versus the three-analyst average estimate of $106.62 million. The reported number represents a year-over-year change of -82.1%.
  • Revenue- Investment advisory, administration fees and securities lending revenue- Alternatives subtotal: $685 million versus $672.97 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +61.9% change.
View all Key Company Metrics for BlackRock here>>>

Shares of BlackRock have returned -4.6% over the past month versus the Zacks S&P 500 composite's -6.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


BlackRock (BLK) - free report >>

Published in