Today, before markets open, State Street Corporation (NYSE: STT) disclosed its earnings report, giving investors an overview of the company's performance during the third quarter.
The concern closed the quarter with a income of $2.26 per share, outshined the street predicted $2.12 profit per share by $0.14.
Nevertheless, the revenues for the quarter adding up $3.26 billion, got better of analysts anticipated $3.19 billion by $66.86 million.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q3 2024 | $2.26 | +17.1% | 3.26 B | +21.1% |
| Historical Earnings Insight | ||||
| Q2 2024 | $2.15 | -0.9% | 3.19 B | +2.6% |
| Q1 2024 | $1.69 | +11.2% | 3.14 B | +1.2% |
| Q4 2023 | $2.04 | -1.4% | 3.04 B | -3.5% |
| Q3 2023 | $1.93 | +6.0% | 2.69 B | -9.1% |
| Q2 2023 | $2.17 | +11.9% | 3.11 B | +5.3% |
| *Growth on year-over-year basis | ||||
The topline increased 21.11 percent, where as the bottomline increased 17.1 percent comparing to the exact quarter of preceding year.
State Street (STT) shares experienced a range of $89.63 to $91.14 on a day volume of 2.43 million shares. The stock closed Monday's regular trading session at $90.93, indicating a 1.22 percent increase.
