BlackRock (BLK) Stock Forecast, Price Target & Predictions
BLK Stock Forecast
BlackRock stock forecast is as follows: an average price target of $900.86 (represents a -0.40% downside from BLK’s last price of $904.52) and a rating consensus of 'Buy', based on 15 wall street analysts offering a 1-year stock forecast.
BLK Price Target
The average price target for BlackRock (BLK) is $900.86 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $1.01K to $729.00. This represents a potential -0.40% downside from BLK's last price of $904.52.
BLK Analyst Ratings
According to 15 Wall Street analysts, BlackRock's rating consensus is 'Buy'. The analyst rating breakdown for BLK stock is 0 'Strong Buy' (0.00%), 14 'Buy' (93.33%), 0 'Hold' (0.00%), 1 'Sell' (6.67%), and 0 'Strong Sell' (0.00%).
BlackRock Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 16, 2024 | Aidan Hall | BlackRock | $934.00 | $834.62 | 11.91% | 3.26% |
| Jul 12, 2024 | Brennan Hawken | UBS | $837.00 | $826.25 | 1.30% | -7.46% |
| Jul 12, 2024 | Aidan Hall | BlackRock | $915.00 | $833.73 | 9.75% | 1.16% |
| Jul 12, 2024 | Glenn Schorr | Evercore ISI | $920.00 | $826.25 | 11.35% | 1.71% |
| Jul 12, 2024 | Alexander Blostein | Goldman Sachs | $793.00 | $826.25 | -4.02% | -12.33% |
| Apr 12, 2024 | Glenn Schorr | Evercore ISI | $900.00 | $785.96 | 14.51% | -0.50% |
| Apr 12, 2024 | Alexander Blostein | Goldman Sachs | $913.00 | $785.96 | 16.16% | 0.94% |
| Apr 05, 2024 | Brian Bedell | Deutsche Bank | $936.00 | $792.09 | 18.17% | 3.48% |
| Jan 16, 2024 | Bradley Hays | BlackRock | $938.00 | $791.38 | 18.53% | 3.70% |
| Jul 18, 2023 | Mike Cyprys | Morgan Stanley | $888.00 | $738.93 | 20.17% | -1.83% |
The latest BlackRock stock forecast, released on Jul 16, 2024 by Aidan Hall from BlackRock, set a price target of $934.00, which represents a 11.91% increase from the stock price at the time of the forecast ($834.62), and a 3.26% increase from BLK last price ($904.52).
BlackRock Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 5 | 9 |
| Avg Price Target | - | $879.80 | $898.44 |
| Last Closing Price | $904.52 | $904.52 | $904.52 |
| Upside/Downside | -100.00% | -2.73% | -0.67% |
In the current month, the average price target of BlackRock stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to BlackRock's last price of $904.52. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 09, 2024 | Barclays | Overweight | Overweight | Hold |
| Sep 05, 2024 | UBS | Buy | Buy | Hold |
| Aug 27, 2024 | Barclays | - | Overweight | Initialise |
| Aug 15, 2024 | UBS | Buy | Buy | Hold |
| Jul 16, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Jul 16, 2024 | Citigroup | Buy | Buy | Hold |
| Jul 12, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| Jul 12, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jul 12, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Jul 02, 2024 | Goldman Sachs | Buy | Buy | Hold |
BlackRock's last stock rating was published by Barclays on Sep 09, 2024. The company gave BLK a "Overweight" rating, the same as its previous rate.
BlackRock Financial Forecast
BlackRock Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.31B | $4.46B | $4.24B | $4.34B | $4.31B | - | $4.70B | $5.11B | $5.05B | $4.82B | $4.40B | $4.48B | $4.37B | $3.65B | $3.71B | $3.98B | $3.69B |
| Avg Forecast | $6.01B | $5.79B | $5.56B | $5.38B | $6.02B | $5.72B | $5.43B | $5.30B | $5.44B | $5.05B | $4.85B | $4.66B | $4.65B | $4.52B | $4.47B | $4.25B | $4.25B | $4.20B | $4.55B | $4.67B | $5.16B | $4.82B | $4.62B | $4.31B | $4.27B | $3.94B | $3.55B | $3.63B | $3.85B | $3.69B |
| High Forecast | $6.16B | $5.93B | $5.70B | $5.51B | $6.16B | $5.86B | $5.56B | $5.43B | $5.57B | $5.27B | $4.97B | $4.77B | $4.73B | $4.63B | $4.58B | $4.35B | $4.36B | $4.30B | $4.55B | $4.81B | $5.31B | $4.96B | $4.76B | $4.44B | $4.39B | $4.05B | $3.65B | $3.73B | $3.96B | $3.80B |
| Low Forecast | $5.52B | $5.32B | $5.11B | $4.95B | $5.53B | $5.26B | $4.99B | $4.87B | $5.00B | $4.87B | $4.46B | $4.28B | $4.56B | $4.16B | $4.11B | $3.91B | $3.91B | $3.86B | $4.55B | $4.55B | $5.03B | $4.70B | $4.51B | $4.20B | $4.16B | $3.84B | $3.46B | $3.54B | $3.76B | $3.60B |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 7 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 1.00% | 1.00% | 1.02% | 1.03% | - | 1.01% | 0.99% | 1.05% | 1.04% | 1.02% | 1.05% | 1.11% | 1.03% | 1.02% | 1.03% | 1.00% |
BlackRock's average Quarter revenue forecast for Dec 23 based on 6 analysts is $4.65B, with a low forecast of $4.56B, and a high forecast of $4.73B. BLK's average Quarter revenue forecast represents a 7.90% increase compared to the company's last Quarter revenue of $4.31B (Sep 23).
BlackRock EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 7 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.61B | $1.74B | $1.56B | $1.64B | $1.61B | - | $1.82B | $2.28B | $2.35B | $2.19B | $1.67B | $2.04B | $2.00B | $1.74B | $949.00M | $1.76B | $1.62B |
| Avg Forecast | $2.38B | $2.29B | $2.20B | $2.13B | $2.38B | $2.26B | $2.15B | $2.10B | $2.15B | $2.00B | $1.92B | $2.04B | $1.84B | $1.79B | $1.77B | $1.86B | $1.68B | $2.21B | $1.80B | $1.69B | $2.22B | $2.01B | $2.02B | $1.64B | $1.81B | $1.64B | $1.53B | $913.19M | $1.61B | $1.57B |
| High Forecast | $2.44B | $2.35B | $2.26B | $2.18B | $2.44B | $2.32B | $2.20B | $2.15B | $2.20B | $2.09B | $1.97B | $2.45B | $1.87B | $1.83B | $1.81B | $2.23B | $1.72B | $2.65B | $1.80B | $2.03B | $2.67B | $2.41B | $2.43B | $1.97B | $2.17B | $1.96B | $1.83B | $1.10B | $1.94B | $1.89B |
| Low Forecast | $2.19B | $2.11B | $2.02B | $1.96B | $2.19B | $2.08B | $1.97B | $1.93B | $1.98B | $1.93B | $1.76B | $1.64B | $1.81B | $1.65B | $1.63B | $1.49B | $1.55B | $1.77B | $1.80B | $1.35B | $1.78B | $1.60B | $1.62B | $1.31B | $1.45B | $1.31B | $1.22B | $730.55M | $1.29B | $1.26B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.99% | 0.84% | 0.97% | 0.73% | - | 1.08% | 1.03% | 1.17% | 1.08% | 1.02% | 1.13% | 1.22% | 1.14% | 1.04% | 1.09% | 1.03% |
6 analysts predict BLK's average Quarter EBITDA for Dec 23 to be $1.84B, with a high of $1.87B and a low of $1.81B. This is 14.46% upper than BlackRock's previous annual EBITDA (Sep 23) of $1.61B.
BlackRock Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 7 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.41B | $1.37B | $1.16B | $1.26B | $1.41B | - | $1.44B | $1.63B | $1.68B | $1.38B | $1.20B | $1.55B | $1.36B | $1.21B | $806.00M | $1.30B | $1.12B |
| Avg Forecast | $1.99B | $1.89B | $1.80B | $1.67B | $1.87B | $1.76B | $1.69B | $1.60B | $1.65B | $1.53B | $1.49B | $1.58B | $1.33B | $1.25B | $1.27B | $1.44B | $1.22B | $1.58B | $1.18B | $1.31B | $1.60B | $1.43B | $1.27B | $1.18B | $1.37B | $1.12B | $1.06B | $775.58M | $1.19B | $1.09B |
| High Forecast | $2.05B | $1.95B | $1.86B | $1.72B | $1.93B | $1.82B | $1.74B | $1.66B | $1.70B | $1.62B | $1.54B | $1.90B | $1.39B | $1.29B | $1.31B | $1.73B | $1.25B | $1.89B | $1.18B | $1.57B | $1.92B | $1.72B | $1.53B | $1.41B | $1.65B | $1.34B | $1.28B | $930.70M | $1.43B | $1.31B |
| Low Forecast | $1.78B | $1.69B | $1.61B | $1.49B | $1.67B | $1.58B | $1.51B | $1.44B | $1.48B | $1.43B | $1.33B | $1.27B | $1.28B | $1.12B | $1.14B | $1.15B | $1.09B | $1.26B | $1.18B | $1.05B | $1.28B | $1.15B | $1.02B | $942.88M | $1.10B | $892.55M | $851.71M | $620.47M | $952.83M | $870.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | 1.07% | 0.80% | 1.04% | 0.89% | - | 1.10% | 1.02% | 1.17% | 1.08% | 1.02% | 1.13% | 1.22% | 1.14% | 1.04% | 1.09% | 1.03% |
BlackRock's average Quarter net income forecast for Dec 23 is $1.33B, with a range of $1.28B to $1.39B. BLK's average Quarter net income forecast represents a -5.53% decrease compared to the company's last Quarter net income of $1.41B (Sep 23).
BlackRock SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 7 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $550.00M | $517.00M | $522.00M | $571.00M | $550.00M | - | $498.00M | $562.00M | $581.00M | $462.00M | $578.00M | $475.00M | $460.00M | $389.00M | $523.00M | $467.00M | $388.00M |
| Avg Forecast | $697.94M | $672.71M | $645.70M | $624.89M | $698.48M | $664.08M | $629.99M | $615.88M | $631.24M | $586.33M | $563.05M | $549.55M | $540.15M | $525.26M | $518.70M | $499.59M | $493.82M | $544.64M | $528.70M | $454.18M | $547.62M | $495.13M | $427.34M | $568.16M | $420.95M | $376.26M | $341.14M | $503.26M | $427.53M | $377.41M |
| High Forecast | $714.93M | $689.08M | $661.42M | $640.10M | $715.48M | $680.24M | $645.32M | $630.87M | $646.61M | $611.57M | $576.76M | $659.46M | $549.48M | $538.04M | $531.33M | $599.51M | $505.84M | $653.57M | $528.70M | $545.01M | $657.14M | $594.15M | $512.81M | $681.80M | $505.14M | $451.51M | $409.37M | $603.92M | $513.03M | $452.89M |
| Low Forecast | $641.49M | $618.30M | $593.48M | $574.35M | $641.99M | $610.36M | $579.03M | $566.06M | $580.19M | $565.67M | $517.51M | $439.64M | $529.65M | $482.78M | $476.75M | $399.67M | $453.88M | $435.71M | $528.70M | $363.34M | $438.09M | $396.10M | $341.87M | $454.53M | $336.76M | $301.01M | $272.91M | $402.61M | $342.02M | $301.93M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.00% | 1.04% | 1.16% | 1.01% | - | 1.10% | 1.03% | 1.17% | 1.08% | 1.02% | 1.13% | 1.22% | 1.14% | 1.04% | 1.09% | 1.03% |
BlackRock's average Quarter SG&A projection for Dec 23 is $540.15M, based on 6 Wall Street analysts, with a range of $529.65M to $549.48M. The forecast indicates a -1.79% fall compared to BLK last annual SG&A of $550.00M (Sep 23).
BlackRock EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 7 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.33 | $9.13 | $7.72 | $8.39 | $9.29 | - | $9.42 | $10.75 | $11.05 | $9.04 | $7.86 | $10.15 | $8.94 | $7.90 | $5.19 | $8.38 | $7.21 |
| Avg Forecast | $13.31 | $12.63 | $12.06 | $11.13 | $12.47 | $11.77 | $11.29 | $10.72 | $11.02 | $10.24 | $9.96 | $9.40 | $8.88 | $8.34 | $8.52 | $7.78 | $8.13 | $7.06 | $7.87 | $8.74 | $10.16 | $9.39 | $9.44 | $7.68 | $9.14 | $7.77 | $6.99 | $6.36 | $7.76 | $6.96 |
| High Forecast | $13.73 | $13.03 | $12.44 | $11.49 | $12.87 | $12.15 | $11.65 | $11.06 | $11.37 | $10.86 | $10.28 | $9.70 | $9.27 | $8.61 | $8.79 | $8.02 | $8.38 | $7.29 | $7.87 | $9.06 | $10.53 | $9.73 | $9.79 | $7.96 | $9.47 | $8.06 | $7.25 | $6.60 | $8.04 | $7.22 |
| Low Forecast | $11.91 | $11.30 | $10.79 | $9.96 | $11.16 | $10.54 | $10.11 | $9.60 | $9.86 | $9.56 | $8.92 | $8.41 | $8.53 | $7.47 | $7.62 | $6.96 | $7.27 | $6.32 | $7.87 | $8.44 | $9.82 | $9.07 | $9.12 | $7.42 | $8.83 | $7.51 | $6.76 | $6.15 | $7.50 | $6.73 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.07% | 0.99% | 1.03% | 1.32% | - | 1.08% | 1.06% | 1.18% | 0.96% | 1.02% | 1.11% | 1.15% | 1.13% | 0.82% | 1.08% | 1.04% |
According to 6 Wall Street analysts, BlackRock's projected average Quarter EPS for Dec 23 is $8.88, with a low estimate of $8.53 and a high estimate of $9.27. This represents a -4.87% decrease compared to BLK previous annual EPS of $9.33 (Sep 23).
BlackRock Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BEN | Franklin Resources | $20.35 | $27.00 | 32.68% | Hold |
| IVZ | Invesco | $16.60 | $21.67 | 30.54% | Hold |
| TROW | T. Rowe Price Group | $107.92 | $139.00 | 28.80% | Hold |
| NTRS | Northern Trust | $90.65 | $112.30 | 23.88% | Buy |
| CG | Carlyle Group | $41.99 | $48.50 | 15.50% | Hold |
| BN | Brookfield | $50.32 | $54.32 | 7.95% | Buy |
| ARCC | Ares Capital | $20.17 | $21.60 | 7.09% | Buy |
| MAIN | Main Street Capital | $49.84 | $52.00 | 4.33% | Buy |
| BLK | BlackRock | $904.52 | $900.86 | -0.40% | Buy |
| APO | Apollo Global Management | $117.79 | $106.92 | -9.23% | Buy |
| ARES | Ares Management | $152.80 | $136.11 | -10.92% | Buy |
| BK | Bank of New York Mellon | $70.81 | $62.60 | -11.59% | Buy |
| BX | Blackstone | $155.05 | $130.50 | -15.83% | Buy |
| KKR | KKR | $127.97 | $98.18 | -23.28% | Buy |
BLK Forecast FAQ
Is BlackRock a good buy?
Yes, according to 15 Wall Street analysts, BlackRock (BLK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 14 'Buy' recommendations, accounting for 93.33% of BLK's total ratings.
What is BLK's price target?
BlackRock (BLK) average price target is $900.86 with a range of $729 to $1.01K, implying a -0.40% from its last price of $904.52. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will BlackRock stock go up soon?
According to Wall Street analysts' prediction for BLK stock, the company can go down by -0.40% (from the last price of $904.52 to the average price target of $900.86), up by 12.10% based on the highest stock price target, and down by -19.40% based on the lowest stock price target.
Can BlackRock stock reach $1.4K?
BLK's average twelve months analyst stock price target of $900.86 does not support the claim that BlackRock can reach $1.4K in the near future.
What are BlackRock's analysts' financial forecasts?
BlackRock's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $22.46B (high $23.01B, low $20.65B), average EBITDA is $8.89B (high $9.11B, low $8.17B), average net income is $6.92B (high $7.14B, low $6.2B), average SG&A $2.61B (high $2.67B, low $2.4B), and average EPS is $46.26 (high $47.73, low $41.4). BLK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $22.75B (high $23.3B, low $20.91B), average EBITDA is $9.01B (high $9.23B, low $8.28B), average net income is $7.35B (high $7.59B, low $6.58B), average SG&A $2.64B (high $2.71B, low $2.43B), and average EPS is $49.13 (high $50.68, low $43.96).
Did the BLK's actual financial results beat the analysts' financial forecasts?
Based on BlackRock's last annual report (Dec 2022), the company's revenue was $17.87B, beating the average analysts forecast of $17.67B by 1.12%. Apple's EBITDA was $6.79B, missing the average prediction of $7.38B by -8.01%. The company's net income was $5.18B, missing the average estimation of $5.28B by -1.99%. Apple's SG&A was $2.15B, beating the average forecast of $2.02B by 6.22%. Lastly, the company's EPS was $34.31, beating the average prediction of $31.8 by 7.90%. In terms of the last quarterly report (Sep 2023), BlackRock's revenue was $4.31B, missing the average analysts' forecast of $4.52B by -4.70%. The company's EBITDA was $1.61B, missing the average prediction of $1.79B by -10.16%. BlackRock's net income was $1.41B, beating the average estimation of $1.25B by 12.60%. The company's SG&A was $550M, beating the average forecast of $525.26M by 4.71%. Lastly, the company's EPS was $9.33, beating the average prediction of $8.34 by 11.82%