U.S. indices fell Thursday to conclude the holiday-shortened week of trading amid continued concerns over Fed tapering in order to combat inflation. Investors also reacted to earnings from notable banks including Wells Fargo, Citigroup and Goldman Sachs.
State Street (NYSE:STT) reported its Q1 earnings results on Thursday, April 14, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
State Street beat estimated earnings by 8.16%, reporting an EPS of $1.59 versus an estimate of $1.47.
State Street (NYSE:STT) is set to give its latest quarterly earnings report on Thursday, 2022-04-14. Here's what investors need to know before the announcement.
Analysts estimate that State Street will report an earnings per share (EPS) of $1.47.
In March, Defiance ETFs, an exchange-traded funds (ETF) sponsor and registered investment advisor focused on thematic investing in technologies, announced its co-founder and CIO Sylvia Jablon
If history is any guide, there may be trouble ahead for shares of State Street (NYSE:STT). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.