BlackRock (NYSE:BLK) reported quarterly earnings of $13.16 per share which beat the analyst consensus estimate of $12.25 by 7.39 percent. This is a 10.31 percent increase over earnings of $11.93 per share from the same period last year. The company reported quarterly sales of $7.008 billion which beat the analyst consensus estimate of $6.685 billion by 4.83 percent. This is a 23.45 percent increase over sales of $5.677 billion the same period last year.

BlackRock shares rose 2% in premarket.