BlackRock beats by $0.22, beats on revs
* Reports Q4 (Dec) earnings of $6.24 per share, excluding non-recurring items, $0.22 better than the Capital IQ Consensus of $6.02; revenues rose 20.0% year/year to $3.47 bln vs the $3.33 bln Capital IQ Consensus.
* Retail long-term net inflows of $11.4 billion reflected net inflows of $7.4 billion in the United States and $4.0 billion internationally. Fixed income net inflows of $8.0 billion were diversified across our top-performing active platform, led by net inflows into unconstrained, short duration and municipals categories.
* iShares ETFs long-term net inflows of $54.8 billion reflected strength in iShares Core, precision exposure and financial instrument ETFs. Equity net inflows of $44.9 billion were driven by both U.S. and international equity market exposures.
* Cash management AUM increased 6% from the prior quarter to $449.9 billion. Total assets under management increased to $6.288 trillion from $5.976 trillion last year.
* Board of Directors approves 15% increase in quarterly cash dividend to $2.88/share