Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? State Street Corporation (STT) , which belongs to the Zacks Banks - Major Regional industry, could be a great candidate to consider.This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 7.81%.For the last reported qua ...

POLAND - 2023/11/01: In this photo illustration, a State Street logo is displayed on a smartphone ... [+] with stock market percentages in the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesState Street’s stock (NYSE: STT) , a company that provides a variety of financial services to institutional investors, has fared well this year, rising by about 29% year-to-date. This compares to peer BNY’s stock (NYSE: BK) which is up abou ...

It has been about a month since the last earnings report for State Street Corporation (STT) . Shares have added about 2.5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is State Street due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. State Street's Q3 Earnings Top Est ...

State Street Corp (STT) remains well-positioned for growth on the back of higher interest rates, efforts to improve fee income and strategic acquisitions. However, a rising expense base and concentrated fee-based revenues remain concerns. Nonetheless, solid capital distributions are another positive.State Street’s Growth DriversHigher Rates to Aid Net Interest Revenue: State Street’s net interest income (NII) and net interest margin (NIM) are anticipated to witness a modest expansion amid the relatively hig ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-07511 STATE STREET CORPORATION (Exact name of Registrant as Specified in its Charter) MA 04-2456637 (State or other jurisdiction of incorpor ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

State Street Corporation (NYSE:STT) Q3 2024 Earnings Conference Call October 15, 2024 12:00 PM ET Company Participants Elizabeth Lynn - Global Head, Investor Relations Ron O'Hanley - Chief Executive Officer Eric Aboaf - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore Brennan Hawken - UBS Financial Alex Blostein - Goldman Sachs Betsy Graseck - Morgan Stanley Brian Bedell - Deutsche Bank Jim Mitchell - Seaport Global Securities Gerard Cassidy - RBC Operator Good morning, and welco ...

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 ...

STATE STREET. 3Q 2024 Financial Highlights NYSE: STT October 15, 2024 • EPS of $2.26, up 81%; up 17% ex-notable itemsA • Total revenue of $3.3B, up 21%; up 9% ex-notable itemsA – Fee revenue up 11%; up 7% ex-notable items, reflecting broad-based strength across the franchiseA Financial – NII up 16%, largely due to higher investment securities yields and loan growth, partially offset by deposit mix shift performance • Total expenses of $2.3B, up 6%, with business investments and revenue-related costs partial ...