BlackRock Q3 Profit Increases - Quick Facts

(RTTNews) - BlackRock Inc. (BLK) reported that its third-quarter net income attributable to the company increased to $917 million from the prior year's $730 million, with earnings per share improving to $5.37 from $4.21 last year.

Adjusted earnings per share were $5.21 up from $3.88 in the prior year. Analysts polled by Thomson Reuters expected the company to report earnings of $4.66 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenue for the quarter grew to $2.849 billion from last year's $2.472 billion. Wall Street expected revenues of $2.82 billion.