BlackRock (BLK) Earnings Q3 2009
Highlights:
- Third quarter 2009 net income of $317 million, a 46% improvement compared to a year ago
- Earnings were $2.27 per diluted common share, which included a $0.33 one-time benefit related to local income tax law changes
- Net income, as adjusted, was $2.10 per diluted common share or $293 million, including operating income of $1.86 per diluted share and non-operating income of $0.24 per diluted share.
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Net income, as adjusted, improved 23% compared to second quarter and 28% compared to third quarter 2008
Earnings estimates from CNN Money
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