State Street Misses

State Street (STT) reported 1st Quarter March 2025 earnings of $2.04 per share on revenue of $5.5 billion. The consensus earnings estimate was $1.98 per share on revenue of $3.3 billion. The Earnings Whisper number was $2.10 per share. Revenue grew 3.4% on a year-over-year basis.

State Street Corp provides a range of investment management strategies, investment management advisory services and other financial services for corporations, public funds and other sophisticated investors.