BlackRock beats second-quarter profit estimates on robust inflows

BlackRock beats second-quarter profit estimates on robust inflows

FILE PHOTO: The BlackRock logo is seen outside of its offices in New York City, U.S., October 17, 2016. REUTERS/Brendan McDermid/File Photo

BlackRock Inc on Friday beat second-quarter profit estimates, as investors continued to pour money into its various funds on the back of a rally in markets after a bruising start to the year.