State Street Corp reports results for the quarter ended June 30 - Earnings Summary

State Street

15/07/2025 13:33

State Street Corp STT.N reported quarterly adjusted earnings of $2.53​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.15.  The mean expectation of fourteen analysts for the quarter was for earnings of $2.35 per share. Wall Street expected results to range from $2.25  to $2.53 per share.

Revenue rose 8.1% to $3.45 billion from a year ago; analysts expected $3.35 billion.

State Street Corp's reported EPS for the quarter was $2.17​.

The company reported quarterly net income of $630 million.

State Street Corp shares had risen by 3.5% this quarter and gained 12.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2.5% in the last three months.​

In the last 30 days, nine analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the investment management & fund operators peer group is also "buy"

Wall Street's median 12-month price target for State Street Corp is $115.00, about 4.3% above its last closing price of $110.03

This summary was machine generated from LSEG data July 15 at 12:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
2.35
2.53
Beat
Mar. 31 2025
2.00
2.04
Beat
Dec. 31 2024
2.43
2.60
Beat
Sep. 30 2024
2.12
2.26
Beat