State Street(STT)
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State Street(STT) - 2024 Q1 - Earnings Call Presentation
2024-04-12 13:54
NYSE: STT April 12, 2024 This presentation (and the conference call accompanying it) includes certain highlights of, and also material supplemental to, State Street Corporation’s news release announcing its first quarter 2024 financial results. That news release contains a more detailed discussion of many of the matters described in this presentation and is accompanied by an Addendum with detailed financial tables. This presentation (and the conference call accompanying it) is designed to be reviewed togeth ...
State Street Corporation (STT) Q1 Earnings and Revenues Beat Estimates
Zacks Investment Research· 2024-04-12 13:40
State Street Corporation (STT) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.48 per share. This compares to earnings of $1.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.19%. A quarter ago, it was expected that this company would post earnings of $1.81 per share when it actually produced earnings of $2.04, delivering a surprise of 12.71%.Over the last four quarters, the ...
State Street(STT) - 2024 Q1 - Quarterly Results
2024-04-12 11:30
Exhibit 99.2 STATE STREET CORPORATION EARNINGS RELEASE ADDENDUM March 31, 2024 Table of Contents GAAP-Basis Financial Information: 4-Year Summary of Results 2 Consolidated Results of Operations 3 Consolidated Statement of Condition 5 Average Statement of Condition - Rates Earned and Paid - Fully Taxable-Equivalent Basis 6 Selected Average Balances by Currency - Rates Earned and Paid 7 Investment Portfolio Holdings by Asset Class 8 Investment Portfolio Non-U.S. Investments 10 Assets Under Custody and/or Admi ...
Why State Street Corporation (STT) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-04-10 14:46
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What a ...
Fee Income to Aid State Street (STT) Q1 Earnings, NIR to Hurt
Zacks Investment Research· 2024-04-10 11:46
State Street (STT) is slated to report first-quarter 2024 results on Apr 12 before the opening bell. The company’s quarterly revenues are expected to have decreased on a year-over-year basis, while earnings are likely to have been stable.In the last reported quarter, STT’s earnings beat the Zacks Consensus Estimate. Results were largely driven by stable fee revenues. However, higher expenses, a decline in net interest revenues (NIR) and a rise in provisions hurt results to some extent.State Street has a dec ...
Stay Ahead of the Game With State Street (STT) Q1 Earnings: Wall Street's Insights on Key Metrics
Zacks Investment Research· 2024-04-09 14:15
The upcoming report from State Street Corporation (STT) is expected to reveal quarterly earnings of $1.52 per share, indicating no change from the year-ago quarter compared to the year-ago period. Analysts forecast revenues of $3.06 billion, representing a decrease of 1.4% year over year.The consensus EPS estimate for the quarter has been revised 0.9% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates dur ...
Why State Street (STT) is Poised to Beat Earnings Estimates Again
Zacks Investment Research· 2024-04-05 17:16
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 10.87%.For the most recent quar ...
State Street Corporation (STT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks Investment Research· 2024-04-05 15:01
State Street Corporation (STT) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...
It makes sense to hold up to 20% of your portfolio in gold - State Street's Milling-Stanley
Kitco· 2024-04-01 21:14
(Kitco News) - The gold market continues to move from strength to strength and in a world filled with uncertainty, investors should expect this trend to continue, according to one market analyst.In a recent interview with Kitco News, George Milling-Stanley, Chief Gold Strategist at State Street Global Advisors, said that he is not surprised gold prices are notching new record highs on nearly a daily basis.The comments come as June gold futures last traded at $2,258.30 an ounce, up nearly 1% on the day.Milli ...
Trailing S&P500 By 14% YTD, What To Expect From State Street Stock?
Forbes· 2024-03-22 12:30
UKRAINE - 2021/06/06: In this photo illustration a State Street Corporation logo seen displayed on a ... [+] smartphone with the stock market information of State Street Corporation in the background. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesState Street’s stock (NYSE: STT) has lost 5% YTD, as compared to the 9% rise in the S&P500 over the same period. Further, the stock is currently trading at $74 per share, which is 14% below it ...