Investing.com - Bank of NY Mellon announced fourth quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The company reported earnings per share of $1.28 on revenue of $4.31B. Analysts polled by Investing.com expected EPS of $0.87 on revenue of $4.29B. .
Bank of NY Mellon share's are up 1% from the beginning of the year , still down 0.88% from its 52 week high of $53.18 set on Tuesday, January 9, 2024.
Bank of NY Mellon follows other major Financial sector earnings this month
On Friday, BlackRock announced fourth quarter EPS of $9.66 on revenue of $4.63B, was in comparison to a forecasts for EPS of $8.72 on revenue of $4.58B.
Jefferies Financial earnings beat analysts' expectations on Monday, with fourth quarter EPS of $0.29 on revenue of $1.2B. Investing.com analysts expected EPS of $0.27 on revenue of $1.24B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar