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Article: BlackRock Reports Third Quarter Diluted EPS of $2.27 $2.10 as adjusted.
- Article from:
- Life Science Weekly
- Article date:
- November 3, 2009
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BlackRock, Inc. (NYSE:BLK) reported third quarter 2009 net income1 of $317 million, a 46% improvement compared to a year ago. Earnings were $2.27 per diluted common share, which included a $0.33 one-time benefit related to local income tax law changes. Operating income for third quarter was $357 million and non-operating income, net of non-controlling interests, was $61 million. The operating margin was 31.3% (see also BlackRock, Inc.).
Net income, as adjusted2, was $2.10 per diluted common share or $293 million, including operating income of $1.86 per diluted share and non-operating income of $0.24 per diluted share. Net income, as adjusted2, improved 23% ...