Investing.com - State Street (NYSE:STT) reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
State Street announced earnings per share of $1.45 on revenue of $2.78B. Analysts polled by Investing.com anticipated EPS of $1.41 on revenue of $2.76B.
State Street shares are down 15.36% from the beginning of the year and are trading at $66.00 , down-from-52-week-high.They are under-performing the S&P 500 which is up 7.82% from the start of the year.
State Street shares lost 1.42% in pre-market trade after 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 $2.92 on revenue of $29.94B, compared to forecasts EPS of $2.23 on revenue of $28.22B.
UnitedHealth had beat expectations on Wednesday with third quarter EPS of $3.51 on revenue of $65.12B, compared to forecast for EPS of $3.09 on revenue of $63.77B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar