Bank of New York Mellon's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Bank of New York Mellon (NYSE:BK) is set to release its latest quarterly earnings report on Tuesday, 2023-07-18. Analysts estimate an earnings per share (EPS) of $1.22. The company's past performance shows a trend of beating EPS estimates, which often leads to a subsequent increase in share price. However, the stock has seen a 0.41% decrease over the last 52-week period.
July 17, 2023 | 2:01 pm
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Bank of New York Mellon is expected to report an EPS of $1.22 in its upcoming earnings report. The company has a history of beating EPS estimates, which could potentially lead to a short-term increase in its share price.
Bank of New York Mellon has a history of beating EPS estimates, which often leads to a subsequent increase in its share price. However, the company's stock has been on a downward trend over the past year, which could potentially dampen the impact of a positive earnings report.
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