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.