The Bank of New York Mellon (BK) Reports Q1 Earnings: What Key Metrics Have to Say

For the quarter ended March 2024, The Bank of New York Mellon Corporation (BK) reported revenue of $4.53 billion, up 3.8% over the same period last year. EPS came in at$ 1.29, compared to $1.13 in the year-ago quarter.The reported revenue represents a surprise of +2.91% over the Zacks Consensus Estimate of$ 4.4 billion. With the consensus EPS estimate being $1.19, the EPS surprise was +8.40%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectat ...