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State Street (STT) Tops Q3 EPS by 11c, Miss on Revenues

October 23, 2017 7:02 AM

State Street (NYSE: STT) reported Q3 EPS of $1.71, $0.11 better than the analyst estimate of $1.60. Revenue for the quarter came in at $2.85 billion versus the consensus estimate of $2.93 billion.

Revenue of $2.8 Billion, up 9%, and Fee Revenue of $2.2 Billion, up 8%, with Pre-Tax Margin of 28.9%, up 4.6% Points

Results Reflect Strength in Servicing and Management Fees and Higher AUCA and AUM Levels

On an operating-basis, results for 3Q17 compared to 3Q16 include:

For earnings history and earnings-related data on State Street (STT) click here.

Categories

Earnings Guidance