Investing.com - Bank of NY Mellon (NYSE:BK) announced fourth quarter earnings that missed analysts' expectations on Wednesday and revenue that topped forecasts.
The company reported earnings per share of $0.79 on revenue of $3.84B. Analysts polled by Investing.com forecast EPS of $0.8794 on revenue of $3.83B. .
Bank of NY Mellon share's are up 7.96% since the start of the year , down-from-52-week-high.
Bank of NY Mellon follows other major Financial sector earnings this month
On Friday, JPMorgan reported fourth quarter EPS of $3.79 on revenue of $30.16B, was in comparison to a forecasts for EPS of $2.62 on revenue of $28.67B.
UnitedHealth earnings beat analysts' expectations on Wednesday, with fourth quarter EPS of $2.52 on revenue of $65.47B. Investing.com analysts forecast EPS of $2.41 on revenue of $64.97B
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