BlackRock, Inc. (BLK) reported that its first-quarter earnings per common share, as adjusted, increased to $6.70 from $5.23, prior year. Adjusted operating income increased to $1.38 billion from $1.15 billion. Net income attributable to BlackRock, as adjusted, was $1.09 billion compared to $862 million, prior year. First-quarter earnings per share on GAAP basis was $6.68 compared to $5.21. The company noted that a 28% growth in EPS year-over-year is driven in part by lower tax rate.
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