BUZZ-BlackRock gains after Q2 profit beats estimates

BlackRock, Inc.

BlackRock, Inc.

BLK

0.00

** BlackRock's BLK.N shares rise ~3% to ~$1,055 premarket

** Asset manager reports adjusted EPS of $13.91 vs Wall Street expectations of $12.59 - data compiled by LSEG

** BLK's assets under management rise to record $15.34 trillion during the quarter

** 16 of 19 brokerages rate the stock "buy" or higher, 3 "hold"; median PT is $1,260 - LSEG data

** Shares down ~4% YTD, as of last close