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Market Impact: 0.4

State Street Corporation (STT) Surpasses Q2 Earnings and Revenue Estimates

STT
Corporate EarningsCompany FundamentalsAnalyst Estimates
State Street Corporation (STT) Surpasses Q2 Earnings and Revenue Estimates

State Street reported quarterly EPS of $3.65, beating the Zacks consensus estimate of $3.30. This compares with $2.53 EPS a year ago, indicating a strong year-over-year improvement that is likely to support the stock near term.

Analysis

State Street reported quarterly EPS of $3.65, beating the Zacks consensus estimate of $3.30. This compares with $2.53 EPS a year ago, indicating a strong year-over-year improvement that is likely to support the stock near term.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.35

Ticker Sentiment

STT0.60