Preview: Bank of New York Mellon's Earnings
Portfolio Pulse from Benzinga Insights
Bank of New York Mellon (NYSE:BK) is set to release its quarterly earnings report on Tuesday, 2023-10-17. Analysts estimate an EPS of $1.15. The company's past performance shows it beat EPS estimates last quarter, which led to a 0.6% increase in share price. The stock is currently trading at $41.18 and has seen a 4.2% increase over the last 52-week period.
October 16, 2023 | 2:00 pm
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Bank of New York Mellon is expected to report an EPS of $1.15 in its upcoming earnings report. The stock has been performing well, with a 4.2% increase over the last 52 weeks.
The upcoming earnings report and the positive performance of the stock over the last 52 weeks suggest a positive short-term impact on the stock. If the company beats the EPS estimate, the stock price could see a further increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100