The Bank of New York Mellon(US:BK) ZACKS·2025-10-09 17:11Core Viewpoint - The Bank of New York Mellon Corporation (BK) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, continuing a trend of positive earnings surprises [1]. Earnings Performance - The company has a strong history of beating earnings estimates, with an average surprise of 8.77% over the last two quarters [2]. - In the last reported quarter, BK achieved earnings of $1.94 per share, exceeding the Zacks Consensus Estimate of $1.74 per share by 11.49%. In the previous quarter, it reported earnings of $1.58 per share against an expectation of $1.49 per share, resulting in a surprise of 6.04% [3]. Earnings Estimates - Recent changes in earnings estimates for BK have been favorable, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5]. - The current Earnings ESP for BK is +1.07%, suggesting that analysts are optimistic about its near-term earnings potential. This positive ESP, combined with a Zacks Rank of 3 (Hold), indicates a potential for another earnings beat [8]. Predictive Metrics - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions, which may be more accurate [7].