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Bank of NY Mellon announced earnings per share of $1.03 on revenue of $4.25B. Analysts polled by Investing.com anticipated EPS of $1.13 on revenue of $4.15B.
Bank of NY Mellon shares are down 30.37% from the beginning of the year, still down 37.43% from its 52 week high of $64.63 set on February 10. They are under-performing the S&P 500 which is down 20.47% from the start of the year.
Bank of NY Mellon’s report follows an earnings missed by JPMorgan on Thursday, who reported EPS of $2.76 on revenue of $30.72B, compared to forecasts EPS of $2.94 on revenue of $31.82B.
Wells Fargo&Co had missed expectations on Friday with second quarter EPS of $0.82 on revenue of $17.03B, compared to forecast for EPS of $0.8526 on revenue of $17.62B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
