12.04.2024 13:41:44 - dpa-AFX: State Street Corp. Profit Retreats In Q1, misses estimates

WASHINGTON (dpa-AFX) - State Street Corp. (STT) revealed earnings for first
quarter that decreased from the same period last year and missed the Street
estimates.

The company's earnings came in at $463 million, or $1.37 per share. This
compares with $549 million, or $1.52 per share, in last year's first quarter.

Analysts on average had expected the company to earn $1.50 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 1.3% to $3.14 billion from $3.10
billion last year.

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

-Earnings (Q1): $463 Mln. vs. $549 Mln. last year.
-EPS (Q1): $1.37 vs. $1.52 last year.
-Revenue (Q1): $3.14 Bln vs. $3.10 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. DL 1 864777 Xetra 68,900 03.05.24 17:35:40 +0,620 +0,91% 0,000 0,000 68,900 68,900

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