Tomorrow the American BlackRock will report its past quarters results. For this year BlackRock's revenue will be around 14,34 billion USD. This is according to the average of the analysts' estimates. This is hugely more than 2017's revenue of 12,49 billion USD.
The analysts expect for 2018 a net profit of 4,46 billion USD. According to most of the analysts the company will have a profit per share for this book year of 27,46 USD. The price/earnings-ratio therefore equals 14,49.
Based on the current number of outstanding shares BlackRock's market capitalization 64,28 billion USD. The BlackRock stock was the past 12 months quite volatile. Since last January the stock is 24 percent lower. This year the stock price moved between 361 and 595 dollar. Since 2008 the stock price is almost 213 percent higher.On Tuesday the stock closed at 397,91 USD.
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