STT Stock Recent News
STT LATEST HEADLINES
State Street is reportedly looking at a number of options for settling payments on blockchain.
Anna Paglia, Executive Vice President and Chief Business Officer for State Street Global Advisors, joins CNBC's Bob Pisani on ‘ETF Edge' on the ‘Halftime Report' to discuss the rotation into small caps, the value trade and more.
State Street Corporation STT reported better-than-expected second-quarter results on Tuesday.
RBC Capital analyst Gerard Cassidy reiterated a Sector Perform rating on the shares of State Street Corp STT and raised the price target from $85 to $91.
State Street NYSE: STT is a financial services firm that reported Q2 2024 financial results on Jul. 16, 2024. Shares were up 7.45% after the release as the firm beat adjusted earnings per share estimates by 12 cents.
State Street Corporation (NYSE:STT ) Q2 2024 Earnings Conference Call July 16, 2024 11:00 AM ET Company Participants Elizabeth Lynn - EVP and Global Head of Investor Relations Ron O'Hanley - Chief Executive Officer Eric Aboaf - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore ISI Ken Usdin - Jefferies Brennan Hawken - UBS James Mitchell - Seaport Global Securities, LLC Betsy Graseck - Morgan Stanley Mike Mayo - Wells Fargo Securities Vivek Juneja - J.P. Morgan Securities Gerard Cassidy - RBC Capital Markets Operator Good morning, and welcome to State Street Corporation's Second Quarter 2024 Earnings Conference Call and Webcast.
The headline numbers for State Street (STT) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Shares of State Street (STT) rose after the financial services firm reported record-high numbers for two key measures of assets held and its results beat forecasts, aided by rising interest income and management fees.
State Street (STT) records increased revenues and expenses in the second quarter of 2024.
State Street Corporation (STT) came out with quarterly earnings of $2.15 per share, beating the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $2.17 per share a year ago.