State Street Corporation (STT) Q2 2018 Earnings Results

State Str Corp Misses on EPS — Stock Down 7.4%

The earnings report indicates that State Str Corp faced challenges that led to a lower-than-expected EPS. The stock dropped 7.4% following the announcement, reflecting investor concerns about the company's performance and lack of guidance. The management's defensive tone suggests they are cautious about the upcoming quarters.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$1.88	N/A	-7.89%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Defensive

Management expressed concerns about market conditions impacting performance. They are prioritizing cost management but did not offer future guidance.

Management noted challenges in the current market environment.

They emphasized a focus on cost control and efficiency improvements.

No specific guidance was provided for future quarters.

State Str Corp Misses on EPS — Stock Down 7.4%

Key numbers

Management commentary

State Street Corporation

More earnings this week

State Str Corp Misses on EPS — Stock Down 7.4%

Key numbers

Management commentary