Investing.com - State Street (NYSE:STT) reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
State Street announced earnings per share of $1.88 on revenue of $2.94B. Analysts polled by Investing.com anticipated EPS of $1.59 on revenue of $2.86B.
State Street shares are down 18.43% from the beginning of the year and are trading at $64.00 , down-from-52-week-high.They are under-performing the S&P 500 which is down 0.47% from the start of the year.
State Street shares lost 0.81% in pre-market trade following the report.
State Street follows other major Financial sector earnings this month
State Street's report follows an earnings beat by JPMorgan on Tuesday, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.19 on revenue of $30.41B.
UnitedHealth had beat expectations on Wednesday with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.18 on revenue of $63.34B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar