BlackRock, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
January 16, 2019 at 08:28 am EST
BlackRock, Inc. announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced total revenue was USD 3,434 million compared to USD 3,764 million a year ago. Operating income was USD 1,246 million compared to USD 1,485 million a year ago. Net income was USD 927 million compared to USD 2,295 million a year ago. Basic earnings per share was USD 5.84 compared to USD 14.23 a year ago. Diluted earnings per share was USD 5.78 compared to USD 14.01 a year ago. For the full year, total revenue was USD 14,198 million compared to USD 13,600 million a year ago. Operating income was USD 5,457 million compared to USD 5,254 million a year ago. Net income was USD 4,305 million compared to USD 4,952 million a year ago. Basic earnings per share was USD 26.86 compared to USD 30.54 a year ago. Diluted earnings per share was USD 26.58 compared to USD 30.12 a year ago.