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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