BlackRock (NYSE: BLK) is expected to report Q1 earnings on April 16. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict BlackRock's revenues will expand 8.3% and EPS will increase 13.0%.

The average estimate for revenue is $2.44 billion. On the bottom line, the average EPS estimate is $3.57.

Revenue details
 Last quarter, BlackRock reported revenue of $2.54 billion. GAAP reported sales were 14% higher than the prior-year quarter's $2.23 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, non-GAAP EPS came in at $3.96. GAAP EPS of $3.93 for Q4 were 29% higher than the prior-year quarter's $3.04 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 57.0%, 220 basis points better than the prior-year quarter. Operating margin was 39.3%, 160 basis points better than the prior-year quarter. Net margin was 27.2%, 230 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $10.36 billion. The average EPS estimate is $15.80.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on BlackRock is outperform, with an average price target of $213.79.

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