State Street Corporation ($STT) Quarterly Results Outperform Street View

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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.