State Street STT unveils its next round of earnings this Friday, October 16. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Earnings and Revenue
State Street EPS will likely be near $1.41 while revenue will be around $2.77 billion, according to analysts. In the same quarter last year, State Street reported earnings per share of $1.51 on revenue of $2.90 billion. The analyst consensus estimate would represent a 6.62% decline in the company's EPS figure. Sales would have fallen 4.58% from the same quarter last year. Here is how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2020 | Q1 2020 | Q4 2020 | Q3 2019 |
|---|---|---|---|---|
| EPS Estimate | 1.61 | 1.35 | 1.69 | 1.40 |
| EPS Actual | 1.88 | 1.67 | 1.98 | 1.51 |
| Revenue Estimate | 2.87 B | 2.90 B | 2.92 B | 2.86 B |
| Revenue Actual | 2.94 B | 3.06 B | 3.05 B | 2.90 B |
Stock Performance
Shares of State Street were trading at $66.07 as of October 14. Over the last 52-week period, shares are up 4.25%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. State Street is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/stt/mediaframe/41213/indexr.html
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
