State Street Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - State Street (NYSE:STT)

Group 1 - State Street Corporation is set to release its third-quarter earnings results on October 17, with expected earnings of $2.65 per share, an increase from $2.26 per share in the same period last year [1] - The consensus estimate for State Street's quarterly revenue is $3.47 billion, compared to $3.26 billion a year earlier [1] - Following the election of Brian Porter to its board of directors, State Street shares fell by 3.2% to close at $112.95 [2] Group 2 - Goldman Sachs analyst Alexander Blostein maintained a Buy rating and raised the price target from $109 to $130 [4] - BMO Capital analyst Brennan Hawken initiated coverage with an Outperform rating and a price target of $130 [4] - Truist Securities analyst David Smith maintained a Buy rating and increased the price target from $125 to $133 [4] - Evercore ISI Group analyst Glenn Schorr maintained an Outperform rating and raised the price target from $117 to $128 [4] - B of A Securities analyst Ebrahim Poonawala maintained an Underperform rating and raised the price target from $106 to $109 [4]