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Barchart
Kritika Sarmah

State Street’s Quarterly Earnings Preview: What You Need to Know

State Street STT

Boston-based State Street Corporation (STT) provides various financial products and services to institutional investors worldwide. With a market cap of $26.7 billion, State Street serves asset managers, retirement plan providers, insurance companies, foundations, and more. The financial services firm is expected to announce its fiscal Q3 earnings for 2024 before the market opens on Tuesday, October 15.

Ahead of the event, analysts expect State Street to report a profit of $2.10 per share, up 8.8% from $1.93 per share reported in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimate over the last four quarters. Its EPS of $2.15 for the last reported quarter beat the Wall Street estimates by 7%. 

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