Published on 12 Apr 2024 on Zacks via Yahoo Finance
Compared to Estimates, State Street (STT) Q1 Earnings: A Look at Key Metrics
State Street Corporation (STT) reported $3.14 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 1.2%. EPS of $1.69 for the same period compares to $1.52 a year ago.
The reported revenue represents a surprise of +2.54% over the Zacks Consensus Estimate of $3.06 billion. With the consensus EPS estimate being $1.48, the EPS surprise was +14.19%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.