BlackRock's Q2 EPS exceeded estimates by $0.40, and short interest decreased by 7.6% to 1.57 million shares.
In July, BlackRock's short interest decreased by 7.6% to 1.57 million shares, while short interest in Blackstone Inc. fell by 9.9% to 17.49 million shares. BlackRock reported $10.36 EPS for Q2, surpassing estimates by $0.40 and declaring a quarterly dividend of $5.10. Several brokerage firms, including Morgan Stanley and UBS, have made comments on BlackRock's stock, with some setting "overweight" or "outperform" ratings. Meanwhile, Blackstone Inc. reported $0.96 EPS for Q2, missing estimates by $0.03, and declared a quarterly dividend of $0.82.
August 01, 2024
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