State Street's Q4 Earnings Top as NII & Fee Income Rises, Stock Down

State Street’s (STT) fourth-quarter 2024 adjusted earnings of $2.60 per share surpassed the Zacks Consensus Estimate of $2.42. The bottom line also increased 27.5% from the prior-year quarter.See the Zacks Earnings Calendar to stay ahead of market-making news.However, shares of STT lost more than 3% in pre-market trading as investors turned bearish on a weak 2025 outlook. For this year, the company expects NII to be roughly flat and fee income to grow 3-5%. In 2024, NII was up 5.9% and adjusted fee income r ...