State Street Q3 Earnings: AUM Soars To $4.7T, Announces CFO Eric Aboaf's Departure In 2025
Portfolio Pulse from Nabaparna Bhattacharya
State Street Corporation (NYSE:STT) reported strong Q3 earnings, with EPS and sales surpassing expectations. AUM increased to $4.7 trillion, and CFO Eric Aboaf will depart in 2025. STT shares rose 1.45% premarket.
October 15, 2024 | 12:27 pm
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State Street's Q3 earnings exceeded expectations with EPS at $2.26 and sales at $3.26 billion. AUM increased to $4.7 trillion. CFO Eric Aboaf will leave in 2025. STT shares rose 1.45% premarket.
State Street's strong Q3 earnings, with EPS and sales surpassing expectations, positively impacted its stock price. The significant increase in AUM to $4.7 trillion and the announcement of CFO Eric Aboaf's departure in 2025 are notable. The premarket share price increase of 1.45% reflects investor confidence in the company's performance and future prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100