| BLK |
Report |
Adjusted EPS |
BEAT |
pred ~$12.80 vs. cons $12.60 |
MEDIUM |
| BLK |
Report |
Total revenue |
BEAT |
pred ~$6.85B vs. cons $6.75B |
MEDIUM |
| BLK |
Report |
Total net inflows (organic growth) |
MISS |
pred ~$95B vs. cons $115B |
MEDIUM |
| BLK |
Guide |
FY2026 effective tax rate |
UNCHANGED |
guide ~25% vs. cons 25% (FY2026) |
HIGH |
| BLK |
Guide |
Quarterly buyback pace |
UNCHANGED |
guide ~$450M/qtr vs. cons $450M/qtr (Q3 2026 and beyond) |
HIGH |
| BLK |
Guide |
Adjusted/fee-related operating margin trajectory |
UNCHANGED |
guide ~45-46% vs. cons 45.5% (Q3 2026), with longer-term aspiration toward 47% |
MEDIUM |
| BLK |
Guide |
HLEND (HPS Corporate Lending Fund) quarterly redemption requests |
LOWER |
guide/trend ~15% requested vs. prior 13.3% (Q2 2026), worse than the stabilization the Street had hoped for |
LOW |
| BLK |
Return |
Day-1 residual (stock − beta × S&P 500) |
-1.2% |
— |
MEDIUM |
| BLK |
Return |
5-day cumulative residual |
-2.3% (FADE) |
Headline EPS/revenue likely beat on market-driven AUM tailwinds, but net flows likely undershoot the record Q1 pace as HLEND redemption requests (13.3%->higher) and TCPC/valuation-probe headlines dominate Q&A; any initial pop from the beat should fade over the week as analysts trim H2 organic-growth and margin estimates on continued wealth-channel private-credit gating, echoing the pre-print MS target cut, rather than follow-through buying. |
LOW |