Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its di ...

State Street Corporation (NYSE:STT) Q4 2023 Results Conference Call January 19, 2024 11:00 AM ET Company Participants Ilene Fiszel Bieler - Global Head of Investors Relations Ron O'Hanley - Chief Executive Officer Eric Aboaf - Chief Financial Officer Conference Call Participants Alex Blostein - Goldman Sachs Brennan Hawken - UBS Glenn Schorr - Evercore Gerard Cassidy - RBC Jim Mitchell - Seaport Global Steven Chubak - Wolfe Research Ebrahim Poonawala - Bank of America Ryan Kenny - Morgan Stanley Mike Brown ...

State Street’s (STT) fourth-quarter 2023 adjusted earnings of $2.04 per share surpassed the Zacks Consensus Estimate of $1.81. The bottom line, however, declined 1.4% from the prior-year quarter.Shares of STT jumped almost 4.5% in pre-market trading on a better-than-expected quarterly performance.Results were primarily aided by stable fee revenues. Also, the company witnessed an improvement in total assets under custody and assets under management (AUM) balances. However, lower net interest revenues (NIR), ...

State Street Corporation (STT) reported $3.04 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 3.6%. EPS of $2.04 for the same period compares to $2.07 a year ago.The reported revenue represents a surprise of +3.43% over the Zacks Consensus Estimate of $2.94 billion. With the consensus EPS estimate being $1.81, the EPS surprise was +12.71%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...

State Street Corporation (STT) came out with quarterly earnings of $2.04 per share, beating the Zacks Consensus Estimate of $1.81 per share. This compares to earnings of $2.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.71%. A quarter ago, it was expected that this company would post earnings of $1.77 per share when it actually produced earnings of $1.93, delivering a surprise of 9.04%.Over the last four quarters, the c ...

About this content About Stephen Gunnion Stephen Gunnion is a senior financial journalist and broadcaster at Proactive Investors. He has more than 25 years of experience in television, radio and print media, anchoring on a number of television channels including South Africa's Business Day TV, CNBC Africa and the South African Broadcasting Corporation, where he was the economics editor. He has also worked for Daily Maverick, Bloomberg, the Business Day newspaper and Investors' Chronicle. Read more About ...

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its fourth-quarter and full-year 2023 financial results today. The news release, presentation, and additional financial information can be accessed on State Street’s Investor Relations website, http://investors.statestreet.com. A conference call to discuss the firm’s financial results, outlook and related matters will be held at 11:00 a.m. ET today, Friday, January 19, 2024. The call will be open to the public. The conference call will ...

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced a cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock: Series D (represented by depositary shares, each representing a 1/4000th interest in a share of Series D preferred stock). The cash dividend is in the amount of $1,475.00 per share of Series D preferred stock (resulting in a distribution of approximately $0.368750 per depositary share) and is payable on March 15, 2024 to the holde ...

Investors are always looking for stocks that are poised to beat at earnings season and State Street Corporation (STT) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because State Street is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pret ...

In its upcoming report, State Street Corporation (STT) is predicted by Wall Street analysts to post quarterly earnings of $1.81 per share, reflecting a decline of 12.6% compared to the same period last year. Revenues are forecasted to be $2.94 billion, representing a year-over-year decrease of 6.8%.The consensus EPS estimate for the quarter has undergone an upward revision of 4.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed th ...