Earnings Forecast Research on State Street Corporation (STT)

State Street Corporation has received $1.13 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 4 Financial Advisor in the Stock Trading Firms. Among 4 Analysts, Bottom line EPS Estimate for the current quarter is $1.08 while the top line estimate is $1.15 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 14.8%.

State Street Corporation reported better than expected with a surprise EPS of 10.45% or $0.14 during its most recent quarterly earnings. The Actual EPS was $1.48 compared to the Estimated EPS of $1.34. Boston based State Street Corporation Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 26, 2017.

State Street Corporation has a Price to Earnings ratio of 14.46 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.63. For the Most Recent Fiscal Year, State Street Corporation has a price to cash ratio of 10.35. For the Trailing twelve month period, company showed a Net Profit Margin of 20.16% and Return on Equity of the stock is 12.13%.

In the last quarter, State Street Corporation reported Annual Earnings of $1.48. Based on the filings, last years Annual Earnings was, $5.27. In the last Quarter, STT reported a surprise Earnings per Share of 10.45% . The consensus estimate for current quarter is $1.13 and for the current fiscal year, the estimate is $5.74. For the Next fiscal year, the estimate is $6.38 based on the consensus.

State Street Corporation (NYSE:STT) witnessed a volatile trading activity on Tuesday and eventually ended flat at 0% or 0 points without letting the bulls or bears take much advantage. The trading began at $75.96 and reached the intraday high at $76.42. The bulls started the profit booking and pushed the shares to intraday low of $75.56. The trading session was marked by a volume range of 2,481,364 shares exchanging hands. The 52-week high of the shares is $83.49 and the 52-week low is $50.595. The market cap of the company stands at $29,104 million and there are 381,939,140 shares in public circulation.

State Street Corporation is the worlds leading specialist in providing sophisticated global investors with investment servicing, investment management, investment research and trading services. Customers include mutual funds and other collective investment funds, corporate and public pension funds, corporations, unions and not-for-profit organizations in and outside of the United States.


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