BlackRock Earnings Plummeted by 60%, Falling Short of Expectations

BlackRock, the world’s largest asset manager, reported quarterly earnings today that fell short of the expectations of analysts. Earnings over this past year plummeted by almost 60% to $927 million, with earnings per share sitting at $6.08 on an adjusted basis. Analysts had predicted a price of $6.27 per share. Assets under management of BlackRock
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