%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment Investing.com -- BlackRock (NYSE:BLK) reported mixed results for the first quarter of fiscal 2025, with its assets under management (AUM) missing analyst expectations. The asset management titan reported first-quarter earnings per share (EPS) of $11.30, well above the consensus projection of $10.76. Revenue for the quarter came in at $5.28 billion, missing the estimated $5.38 billion. AUM jumped 11% year-on-year to $11.58 trillion but was slightly short of $11.62 trillion that analysts expected. "We delivered 6% organic base fee growth in the first quarter, representing our best start to a year since 2021," said BlackRock CEO Larry Fink. "Uncertainty and anxiety about the future of markets and the economy are dominating client conversations," he added. The company recorded total net inflows of $84.17 billion, up 47% from a year earlier, below the estimated $96.02 billion. Long-term inflows reached $83.35 billion, also missing the $105.15 billion estimate. Institutional clients pulled a net $37.18 billion during the quarter. BlackRock’s adjusted operating margin stood at 43.2%, ahead of the 42.6% projection.This content was originally published on http://Investing.com