Advertisement
New Zealand markets open in 8 hours 49 minutes
  • NZX 50

    11,782.89
    -17.89 (-0.15%)
     
  • NZD/USD

    0.5994
    -0.0012 (-0.20%)
     
  • ALL ORDS

    8,076.70
    +11.20 (+0.14%)
     
  • OIL

    77.70
    -0.68 (-0.87%)
     
  • GOLD

    2,322.80
    -1.40 (-0.06%)
     

BlackRock and Competitors Look at Strong 1Q18 Numbers

BlackRock and Competitors Look at Strong 1Q18 Numbers

The managers with diversified offerings across product and asset classes can garner high growth rates in 2018. Among the major asset managers, BlackRock (BLK) is expected to post sequential and year-over-year growth in earnings per share (or EPS) to $6.38 in 1Q18 and $6.83 in 2Q18, compared with $5.25 and $5.24, respectively, in 1Q17 and 2Q17. Retail institutions seem to prefer debt and multi-asset options.