| BLK |
Report |
Adjusted diluted EPS |
BEAT |
pred ~$13.12 vs. cons $12.84 |
MEDIUM |
| BLK |
Report |
Long-term net inflows |
BEAT |
pred ~$155B vs. cons $128B |
MEDIUM |
| BLK |
Report |
Adjusted operating margin |
IN-LINE |
pred ~44.8% vs. cons 44.6% |
MEDIUM |
| BLK |
Guide |
Adjusted effective tax-rate framework |
UNCHANGED |
guide ~25.0% vs. cons 25.0% (2H 2026) |
HIGH |
| BLK |
Guide |
Quarterly share-repurchase pace |
UNCHANGED |
guide ~$450M vs. cons $450M (3Q 2026) |
HIGH |
| BLK |
Guide |
Technology-services ACV growth commentary |
BETTER |
guide ~14.0% vs. cons 12.0% (FY 2026) |
MEDIUM |
| BLK |
Guide |
Long-term adjusted operating-margin target |
UNCHANGED |
guide ~45.0% vs. cons 45.0% (long term) |
MEDIUM |
| BLK |
Return |
Day-1 residual (stock − beta × S&P 500) |
+3.2% |
— |
MEDIUM |
| BLK |
Return |
5-day cumulative residual |
+4.8% (FOLLOW-THROUGH) |
Day-5 residual ~4.8% vs. day-1 residual ~3.2%: a recurring-fee/flow-led beat, stable ~45% margin framework, and stronger technology ACV should lift 2026-2027 base-fee and EPS estimates rather than leave upside dependent on volatile performance fees. |
MEDIUM |