Bank of NY Mellon Earnings, Revenue Beat in Q3

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Bank of NY Mellon announced earnings per share of $0.98 on revenue of $3.85B. Analysts polled by Investing.com anticipated EPS of $0.94 on revenue of $3.82B.

Bank of NY Mellon shares are down 26.03% from the beginning of the year, still down 27.85% from its 52 week high of $51.60 set on January 9. They are under-performing the S&P 500 which is up 7.82% from the start of the year.

Bank of NY Mellon’s report follows an earnings beat by JPMorgan on Tuesday, who reported EPS of $2.92 on revenue of $29.94B, compared to forecasts EPS of $2.23 on revenue of $28.22B.

UnitedHealth had beat expectations on Wednesday with third quarter EPS of $3.51 on revenue of $65.12B, compared to forecast for EPS of $3.09 on revenue of $63.77B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar