State Street Corp reports results for the quarter ended June 30 - Earnings Summary
State Street Corp reports results for the quarter ended June 30 - Earnings Summary
State Street Corp STT.N reported quarterly adjusted earnings of $3.65 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.53. The mean expectation of fifteen analysts for the quarter was for earnings of $3.33 per share. Wall Street expected results to range from $3.19 to $3.42 per share.
Revenue rose 17.4% to $4.05 billion from a year ago; analysts expected $3.88 billion.
State Street Corp's reported EPS for the quarter was $3.65.
The company reported quarterly net income of $1.03 billion.
State Street Corp shares had risen by 10.0% this quarter and gained 44.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 10.1% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 6 "hold" and no "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 $190.00, about 1.8% above its last closing price of $186.59
This summary was machine generated from LSEG data July 16 at 12:31 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 2026 | 3.33 | 3.65 | Beat |
Mar. 31 2026 | 2.61 | 2.84 | Beat |
Dec. 31 2025 | 2.85 | 2.97 | Beat |
Sep. 30 2025 | 2.64 | 2.78 | Beat |
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