Market Overview

A Look Ahead At Bank Of New York Mellon's Earnings


Bank of New York Mellon (NYSE: BK) will be releasing its next round of earnings this Thursday. For all of the relevant information, here is your guide for Thursday's Q2 earnings announcement.

Earnings and Revenue

Bank of New York Mellon earnings will be near $1.02 per share on sales of $4.14 billion, according to analysts.

In the same quarter last year, Bank of New York Mellon posted a profit of 88 cents on sales of $3.95 billion. If the company were to match the consensus estimate when it reports Thursday, earnings would be up 15.91 percent. Sales would be up 4.73 percent from the year-ago period. Bank of New York Mellon's reported EPS has stacked up against analyst estimates in the past like this:


Quarter Q1 2018 Q4 2017 Q3 2017 Q2 2017
EPS Estimate 0.96 0.9 0.92 0.84
EPS Actual 1.1 0.91 0.98 0.88

Stock Performance

Over the last 52-week period, shares are up 3.23 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Bank of New York Mellon stock is a Neutral. The strength of this rating has risen over the past 90 days.

Conference Call

Bank of New York Mellon's Q2 conference call is scheduled to begin at 8:00 a.m. ET and can be accessed here:

Posted-In: Earnings News


Related Articles (BK)

View Comments and Join the Discussion!
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Blackstone Group Q2 Earnings Preview

Earnings Outlook For BB&T