Here's What to Expect From State Street's Next Earnings Report

With a market cap of $23.9 billion, State Street Corporation (STT) is a global financial holding company that provides a wide range of investment servicing and management solutions to institutional investors through its subsidiaries. Its offerings include custody, accounting, fund administration, securities finance, trading services, and the State Street Alpha platform, serving mutual funds, retirement plans, insurance firms, and other large-scale investors.

The Boston, Massachusetts-based is expected to announce its fiscal Q1 2025 earnings results before the market opens on Thursday, Apr. 17. Ahead of this event, analysts expect STT to report a profit of $1.98 per share, up 17.2% from $1.69 per share in the previous year's quarter. It has surpassed Wall Street's bottom-line estimates in the past four quarters. In Q4 2024, State Street exceeded the consensus EPS estimate by 7.4%.