Bank of New York Mellon reported quarterly EPS of $2.25, beating the Zacks consensus estimate of $1.94 by $0.31, or about 16%. Earnings also rose from $1.58 per share a year ago, indicating strong year-over-year improvement. The print is supportive for the stock and the banking sector, though the article contains no guidance or additional operating details.
Bank of New York Mellon reported quarterly EPS of $2.25, beating the Zacks consensus estimate of $1.94 by $0.31, or about 16%. Earnings also rose from $1.58 per share a year ago, indicating strong year-over-year improvement. The print is supportive for the stock and the banking sector, though the article contains no guidance or additional operating details.
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