BlackRock (BLK) Outpaces Stock Market Gains: What You Should Know

BlackRock (BLK) closed at $1,090.27, up 1.92% and outperforming the S&P 500's 1.49% gain. However, the stock has declined 7.5% over the past month. The company is expected to report EPS of $14.24 (up 23.29% YoY) and revenue of $7.44 billion (up 14.26% YoY). BlackRock holds a Zacks Rank #3 (Hold) with a Forward P/E of 19.12, trading at a premium to its industry average of 11.2.