BlackRock (BLK) reported 4Q earnings on Fri 15 Jan 2016 (before open)
** charts beforeearnings **
** charts afterearnings **
BlackRock misses by $0.06, reports revs in-line; raises quarterly dividend by 5%:
Reports Q4 (Dec) adj earnings of $4.75 per share, $0.06 worse than the Capital IQ Consensus of $4.81; revenues rose 2.8% year/year to $2.86 bln vs the $2.84 bln Capital IQ Consensus.
$54 billion of quarterly long-term net inflows, third-highest flow quarter on record, reflect resilience of differentiated business model
Returned $2.6 billion to shareholders in 2015, including $1.5 billion of dividends and $1.1 billion of share repurchases
Dividend raise: Co announced 5% increase in quarterly cash dividend to $2.29 per share of common stock (up from $2.18 prior), payable March 23, 2016, to shareholders of record at the close of business on March 7, 2016
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