Investing.com - State Street (NYSE:STT) reported fourth quarter earnings that matched analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $1.68 on revenue of $2.99B. Analysts polled by Investing.com forecast EPS of $1.68 on revenue of $2.97B. That compared to EPS of $1.83 on revenue of $3.03B in the same period a year earlier. The company had reported EPS of $1.87 on revenue of $2.95B in the previous quarter.
For the year, State Street shares are up 12.65%, outperforming the S&P 500 which is up 6.82% year to date.
State Street follows other major Financial sector earnings this month
On Tuesday, JPMorgan reported fourth quarter EPS of $1.98 on revenue of $26.8B, compared to forecasts of EPS of $2.2 on revenue of $26.9B.
Bank of America earnings beat analyst's expectations on Wednesday, with fourth quarter EPS of $0.7 on revenue of $22.74B. Investing.com analysts expected EPS of $0.63 on revenue of $22.36B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar