The Bank of New York Mellon (BK) Reports Q1 Earnings: What Key Metrics Have to Say
BKThe Bank of New York Mellon(BK) Zacks Investment Research·2024-04-16 22:31

For the quarter ended March 2024, The Bank of New York Mellon Corporation (BK) reported revenue of 4.53billion,up3.84.53 billion, up 3.8% over the same period last year. EPS came in at 1.29, compared to 1.13intheyear−agoquarter.Thereportedrevenuerepresentsasurpriseof+2.911.13 in the year-ago quarter. The reported revenue represents a surprise of +2.91% over the Zacks Consensus Estimate of 4.4 billion. With the consensus EPS estimate being $1.19, the EPS surprise was +8.40%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expect ...