Investing.com - Bank of NY Mellon (NYSE:BK) reported fourth quarter earnings that missed analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $0.79 on revenue of $3.84B. Analysts polled by Investing.com anticipated EPS of $0.8794 on revenue of $3.83B. .
For the year, Bank of NY Mellon shares are up 7.96%, outperforming the S&P 500 which is up 1.14% year to date.
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, compared to forecasts of EPS of $2.62 on revenue of $28.67B.
UnitedHealth earnings beat analyst's expectations on Wednesday, with fourth quarter EPS of $2.52 on revenue of $65.47B. Investing.com analysts expected EPS of $2.41 on revenue of $64.97B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar