BlackRock Finance (BLK) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates

Wall Street analysts expect BlackRock Finance (BLK) to post quarterly earnings of $11.49 per share in its upcoming report, which indicates a year-over-year increase of 18.9%. Revenues are expected to be $5.6 billion, up 20.9% from the year-ago quarter.Over the last 30 days, there has been an upward revision of 0.9% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.That said, let's delve into the average estimates of some BlackRock Finance metrics that Wall Street analysts commonly model and monitor.The average prediction of analysts places 'Revenue- Investment advisory performance fees' at $383.00 million. The estimate points to a change of +23.2% from the year-ago quarter.It is projected by analysts that the 'Revenue- Advisory and other revenue' will reach $54.95 million. The estimate indicates a change of +66.5% from the prior-year quarter.Based on the collective assessment of analysts, 'Revenue- Total investment advisory, administration fees and securities lending revenue' should arrive at $4.39 billion. The estimate points to a change of +21.8% from the year-ago quarter.Analysts expect 'Revenue- Distribution fees' to come in at $337.24 million. The estimate indicates a year-over-year change of +11.3%.According to the collective judgment of analysts, 'Net inflows' should come in at $157.83 billion. The estimate is in contrast to the year-ago figure of $95.65 billion.Analysts' assessment points toward 'Net inflows - Product Type - Cash management' reaching $66.00 billion. Compared to the current estimate, the company reported $32.95 billion in the same quarter of the previous year.The collective assessment of analysts points to an estimated 'Assets under management - Cash management' of $890.25 billion. Compared to the current estimate, the company reported $764.84 billion in the same quarter of the previous year.The combined assessment of analysts suggests that 'Total Assets Under Management' will likely reach $11,860.03 billion. The estimate compares to the year-ago value of $10,009 billion.Analysts predict that the 'Net inflows - Client Type - ETFs' will reach $71.64 billion. The estimate compares to the year-ago value of $87.72 billion.Analysts forecast 'Assets under management - Long-term' to reach $10,982.78 billion. The estimate compares to the year-ago value of $9,244.16 billion.The consensus among analysts is that 'Net inflows - Product Type - Long-term' will reach $85.24 billion. Compared to the current estimate, the company reported $62.7 billion in the same quarter of the previous year.The consensus estimate for 'Assets under management - ETFs' stands at $4,320.11 billion. Compared to the present estimate, the company reported $3,499.3 billion in the same quarter last year.View all Key Company Metrics for BlackRock Finance here>>>Shares of BlackRock Finance have experienced a change of -6.9% in the past month compared to the -2.2% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), BLK is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 228 positions with double- and triple-digit gains in 2023 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BlackRock, Inc. (BLK): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks