State Street's Q3 Earnings Top Estimates, Revenue Rise Y/Y
State Street(STT) ZACKS·2024-10-16 01:46
State Street Corporation’s (STT) third-quarter 2024 earnings of $2.26 per share surpassed the Zacks Consensus Estimate of $2.08. The bottom line also increased 80.8% from the prior-year quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results have primarily been aided by growth in fee revenues and higher net interest revenues (NIR). Also, the company witnessed improvements in the total assets under custody and assets under management (AUM) balances. However, higher expenses h ...