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Blackrock Q4 earnings $1.64 billion

Christian Fernsby |
Blackrock revealed a profit for its fourth quarter that increased from the same period last year.

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Topics: BLACKROCK   

The company's earnings totaled $1.64 billion, or $10.63 per share. This compares with $1.55 billion, or $10.02 per share, in last year's fourth quarter.

Excluding items, Blackrock Inc. reported adjusted earnings of $1.61 billion or $10.42 per share for the period.

The company's revenue for the quarter rose 14.1% to $5.11 billion from $4.48 billion last year.

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