State Street Corporation (STT) Q2 2011 Earnings Results

State Street Corp Misses on EPS, Stock Down 2.17%

State Street Corp's earnings report indicates a slight miss on EPS, which contributed to a 2.17% drop in stock price. The lack of revenue data and forward guidance adds uncertainty for investors. Management's defensive tone suggests they are navigating a challenging market environment, focusing on cost management.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.96	N/A	-0.93%

Management

Management commentary

Tone: Defensive

Management expressed caution regarding market conditions. They are prioritizing operational efficiency but did not offer specific guidance for the upcoming quarters.

Management acknowledged challenges in the current market environment.

They emphasized a focus on cost management and efficiency.

No specific guidance was provided for future quarters.

State Street Corp Misses on EPS, Stock Down 2.17%

Key numbers

Management commentary

State Street Corporation

More earnings this week

State Street Corp Misses on EPS, Stock Down 2.17%

Key numbers

Management commentary