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BlackRock (BLK) Sees Upside After Solid EPS

January 17, 2013 11:29 AM EST
BlackRock, Inc. (NYSE: BLK) is seeing sharp upside action mid-day after record earnings earlier. The stock is up 4.65%.

Blackrock, Inc. (NYSE: BLK) reported Q4 EPS of $3.96, $0.23 better than the analyst estimate of $3.73. Revenue for the quarter came in at $2.54 billion versus the consensus estimate of $2.48 billion. The ocmpany also expanded its stock buyback plan.


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