Market Overview

Recap: State Street Q1 Earnings

Share:

Shares of State Street (NYSE:STT) gained 2.5% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share increased 34.68% year over year to $1.62, which beat the estimate of $1.35.

Revenue of $3,065,000,000 higher by 4.54% year over year, which beat the estimate of $2,900,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Apr 17, 2020

Time: 11:00 AM ET

Webcast URL: http://investors.statestreet.com/event

Technicals

Company's 52-week high was at $85.89

52-week low: $42.10

Price action over last quarter: down 24.98%

Company Description

State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With over $34 trillion in assets under custody and administration and $3.1 trillion assets under management as of Dec. 31, 2019, State Street operates globally in more than 100 geographic markets and employs more than 40,000 worldwide.

 

Related Articles (STT)

View Comments and Join the Discussion!

Posted-In: Earnings News