BlackRock’s Outperformance Expected to Continue in 2018
BlackRock (BLK), the world’s largest asset manager, is garnering the highest amount of new flows in the industry across its product categories. The company has consistently beaten estimates in six out of the previous seven quarters on higher inflows toward iShares, its strong performances in broader markets, and its diversified product offerings. BlackRock posted EPS of $6.24 in 4Q17 compared to the estimate of $6.02.