State Street (NYSE:STT) reported its Q2 earnings results on Friday, July 15, 2022 at 08:48 AM.
Here’s what investors need to know about the announcement.
Earnings
State Street beat estimated earnings by 4.86%, reporting an EPS of $1.94 versus an estimate of $1.85.
Revenue was down $81.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12 which was followed by a 8.5% drop in the share price the next day.
Here’s a look at State Street’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.47 | 1.88 | 1.92 | 1.79 |
| EPS Actual | 1.59 | 2 | 2 | 1.97 |
| Revenue Estimate | 3.04B | 3.01B | 2.96B | 2.94B |
| Revenue Actual | 3.08B | 3.05B | 2.99B | 3.03B |
To track all earnings releases for State Street visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
