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Bank of NY Mellon announced earnings per share of $1.05 on revenue of $4.11B. Analysts polled by Investing.com anticipated EPS of $0.88 on revenue of $3.88B. That with comparison to EPS of $0.94 on revenue of $3.9B in the same period a year before. Bank of NY Mellon had reported EPS of $1.52 on revenue of $3.99B in the previous quarter. Analysts are expecting EPS of $0.88 and revenue of $3.86B in the upcoming quarter.
Bank of NY Mellon shares are down 49% from the beginning of the year , still down 35.39% from its 52 week high of $53.60 set on April 16, 2019. They are under-performing the S&P 500 which is down 14.22% year to date.
Bank of NY Mellon’s report follows an earnings missed by JPMorgan on Tuesday, who reported EPS of $0.78 on revenue of $29.07B, compared to forecasts EPS of $2.28 on revenue of $29.53B.
UnitedHealth had beat expectations on Wednesday with first quarter EPS of $3.72 on revenue of $64.42B, compared to forecast for EPS of $3.63 on revenue of $64.18B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
