16.07.2024 13:47:29 - dpa-AFX: State Street Corp. Reveals Decline In Q2 Bottom Line, But Beats Estimates

WASHINGTON (dpa-AFX) - State Street Corp. (STT) revealed earnings for second
quarter that decreased from last year but beat the Street estimates.

The company's earnings totaled $711 million, or $2.15 per share. This compares
with $763 million, or $2.17 per share, in last year's second quarter.

Analysts on average had expected the company to earn $2.03 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 2.6% to $3.19 billion from $3.11
billion last year.

State Street Corp. earnings at a glance (GAAP) :

-Earnings (Q2): $711 Mln. vs. $763 Mln. last year.
-EPS (Q2): $2.15 vs. $2.17 last year.
-Revenue (Q2): $3.19 Bln vs. $3.11 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
State Street Corp 864777 NYSE 84,040 23.08.24 03:01:07 +1,480 +1,79% 82,470 84,040 82,960 84,040

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