State Street Corporation (STT) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - State Street Corporation (STT) is expected to report a year-over-year increase in earnings and revenues for the quarter ended March 2025, with a consensus outlook indicating potential stock price movement based on actual results compared to estimates [1][2]. Earnings Expectations - The upcoming earnings report is anticipated to be released on April 17, 2025, with expected earnings of $1.98 per share, reflecting a +17.2$3.3 billion, up 5.2% from the previous year [3][2]. Estimate Revisions - The consensus EPS estimate has been revised 2.81% lower over the last 30 days, indicating a reassessment by analysts of their initial estimates [4]. - The Most Accurate Estimate for State Street is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +1.21%, suggesting a bullish outlook from analysts [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8]. - State Street currently holds a Zacks Rank of 3, which, along with the positive Earnings ESP, suggests a likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, State Street exceeded the expected earnings of $2.42 per share by delivering$2.60, resulting in a surprise of +7.44% [12]. - Over the past four quarters, the company has consistently beaten consensus EPS estimates [13]. Conclusion - While State Street appears to be a compelling candidate for an earnings beat, it is essential to consider other factors that may influence stock performance beyond just the earnings report [14][16].