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Shares of State Street (NYSE:STT) moved lower by 1% in pre-market trading after the company reported Q4 results.
Earnings per share decreased 14.65% year over year to $1.69, which beat the estimate of $1.56.
Revenue of $2,917,000,000 decreased by 4.30% year over year, which beat the estimate of $2,820,000,000.
Earnings guidance hasn't been issued by the company for now.
State Street hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: Jan 19, 2021
Time: 10:00 AM
Company's 52-week high was at $85.89
52-week low: $42.10
Price action over last quarter: Up 19.94%
State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $36 trillion in assets under custody and administration and $3.1 trillion assets under management as of Sept. 30, 2020, State Street operates globally in more than 100 geographic markets and employs more than 38,000 worldwide.
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