State Street Reports Q3 EPS Beat, Revenues Roughly In Line
<p><a href='https://financialmodelingprep.com/financial-summary/STT'>State Street Corporation (NYSE:STT)</a> reported its Q3 results, with EPS of $1.82 coming in better than the Street estimate of $1.78. Revenue was $2.96 billion, compared to the Street estimate of $2.97 billion, including NIR of $660 million beating the Street estimate of $634 million, while fee revenue of $2.29 billion was below the Street estimate of $2.33 billion. </p>
<p>Analysts at Deutsche Bank view the quarter as being mixed while uncertainty around the closing of the BBH transaction lingers, though management believes this will be decided by year-end. The analysts reiterated their hold rating on the company.</p>

NYSE:STT