Bank of New York Mellon Q2 EPS $1.38 Beats $1.22 Estimate, Sales $4.45B Beat $4.37B Estimate
Portfolio Pulse from Benzinga Newsdesk
Bank of New York Mellon (NYSE:BK) reported Q2 earnings of $1.38 per share, beating the analyst consensus estimate of $1.22 by 13.11%. This is a 33.98% increase from the same period last year. The company also reported quarterly sales of $4.45 billion, beating the analyst consensus estimate of $4.37 billion by 1.83%, a 4.61% increase from the same period last year.
July 18, 2023 | 10:36 am
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Bank of New York Mellon's Q2 earnings and sales beat analyst estimates, indicating a strong financial performance.
Bank of New York Mellon reported higher than expected earnings and sales for Q2. This indicates a strong financial performance, which is likely to positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100