Earnings Outlook For State Street
Portfolio Pulse from Benzinga Insights
State Street (NYSE:STT) is set to release its quarterly earnings report on July 14, 2023. Analysts estimate an earnings per share (EPS) of $2.10. The company's past performance shows a trend of share price increase following earnings reports, even when EPS was missed. The stock is currently trading at $75.84, up 16.98% over the last 52-week period.
July 13, 2023 | 2:01 pm
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State Street's upcoming earnings report could impact its stock price. Past trends show a price increase following earnings reports. The stock is currently up 16.98% over the last 52 weeks.
State Street's stock price has historically increased following earnings reports, even when the company missed EPS estimates. With the stock up nearly 17% over the past year, investors are likely optimistic about the upcoming earnings report. Therefore, the news is highly relevant and important for STT investors.
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IMPORTANCE 80
RELEVANCE 100