Equity Profile

STT

State Street Corporation

FinancialsAsset Management & Custody Banks$43.1B

Jul14Tue

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

State Street Corporation (STT) is a leading financial services company that specializes in asset management and custody banking. With a market cap of $43 billion, it plays a crucial role in managing investments for institutional clients, making it a key player in the financial sector.

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of profitability, and this quarter's consensus is $3.14, which reflects expectations for growth.

$3.14

Revenue

Revenue indicates the overall sales performance, and analysts expect $3.8 billion this quarter, which is vital for assessing business health.

$3.8B

Wall Street expectations, options signals, track record, and call prep available with Pro.

STT Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

50%

Avg EPS Surprise

-1.17%

Avg Stock Reaction

+0.09%

Last Quarter Recap

In Q1-2026, State Street reported an EPS of $2.49, falling short of the estimated $2.60. The stock reacted positively, gaining 2.49% the next day despite the miss.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, analysts are cautiously optimistic about State Street's upcoming earnings, with expectations for improved profitability and revenue growth.

Bull Case

If State Street beats EPS estimates, it could signal strong operational efficiency and increased client demand, potentially leading to a stock rally.

Bear Case

Conversely, if the company misses expectations again, it may raise concerns about its ability to navigate a challenging financial environment, leading to a sell-off.

Key Metrics to Watch

Earnings Per Share (EPS)

$3.14

EPS is a critical measure of profitability, and this quarter's consensus is $3.14, which reflects expectations for growth.

Revenue

$3.8B

Revenue indicates the overall sales performance, and analysts expect $3.8 billion this quarter, which is vital for assessing business health.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will State Street achieve an EPS of $3.14 or better?

This specific EPS target is crucial as it reflects the company's profitability and operational performance, and missing it could raise red flags.

What commentary will management provide on revenue growth?

Given the consensus revenue estimate of $3.8 billion, any insights into revenue drivers or challenges will be closely scrutinized by investors.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate State Street's ability to rebound from recent earnings misses, as the company has a strong client base that could drive revenue growth.

Supporting Evidence

The options market is pricing a 28.11% move, indicating significant uncertainty that may not align with the company's underlying fundamentals.

Insider selling activity, while notable, may not reflect the company's long-term potential as management focuses on strategic growth.

Key Risk

If EPS comes in below $3.02, it could challenge the current bullish sentiment and lead to a reassessment of the company's growth trajectory.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is under scrutiny due to recent misses and the need for State Street to demonstrate recovery and growth.

Bull Confirmed If

An EPS of $3.14 or better, along with strong revenue growth, would confirm a positive outlook for State Street.

Bear Confirmed If

An EPS below $3.02 or revenue significantly under $3.7 billion would signal ongoing challenges for the company.

Pre-Earnings Positioning

Options Market

Implied Move

±28.11%

Historical Avg

±3.8%

Pricing rich

The options market is pricing in a significant move around the earnings report, indicating heightened uncertainty among investors.

Options are pricing ±28.1% while STT has averaged ±3.8% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

2.9%

30d HV

23.5%

Calls (239K)P/C Ratio: 1.52Puts (31K)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$1.9M

12,611 sh

2 insiders

Net

$1.9M

Net selling

Most Active Insiders· 2 open-market trades

EVP and COOTAHIRI MOSTAPHA
$1.5M
Net selling

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If State Street beats expectations, history suggests the stock could rise by about 2.27%, confirming a positive trend.

In-Line / Cautious

If results are in line but management is cautious, the stock may react neutrally, reflecting uncertainty about future growth.

Miss

A miss could lead to a decline of around 2.08%, reinforcing concerns about the company's operational challenges.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$15,001.00–$50,000.00

disclosed dollar ranges

Most Active Members

D-MAJake AuchinclossRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on client acquisition and retention rates.
2Insights into cost management strategies and operational efficiencies.
3Details on market conditions affecting asset management.
4Management's outlook on economic factors impacting revenue.
5Any commentary on competitive positioning within the financial sector.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Fastenal Company

Company Snapshot

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of profitability, and this quarter's consensus is $3.14, which reflects expectations for growth.

$3.14

Revenue

Revenue indicates the overall sales performance, and analysts expect $3.8 billion this quarter, which is vital for assessing business health.

$3.8B

Wall Street expectations, options signals, track record, and call prep available with Pro.

STT Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

50%

Avg EPS Surprise

-1.17%

Avg Stock Reaction

+0.09%

Last Quarter Recap

In Q1-2026, State Street reported an EPS of $2.49, falling short of the estimated $2.60. The stock reacted positively, gaining 2.49% the next day despite the miss.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, analysts are cautiously optimistic about State Street's upcoming earnings, with expectations for improved profitability and revenue growth.

Bull Case

If State Street beats EPS estimates, it could signal strong operational efficiency and increased client demand, potentially leading to a stock rally.

Bear Case

Conversely, if the company misses expectations again, it may raise concerns about its ability to navigate a challenging financial environment, leading to a sell-off.

Key Metrics to Watch

Earnings Per Share (EPS)

$3.14

EPS is a critical measure of profitability, and this quarter's consensus is $3.14, which reflects expectations for growth.

Revenue

$3.8B

Revenue indicates the overall sales performance, and analysts expect $3.8 billion this quarter, which is vital for assessing business health.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will State Street achieve an EPS of $3.14 or better?

This specific EPS target is crucial as it reflects the company's profitability and operational performance, and missing it could raise red flags.

What commentary will management provide on revenue growth?

Given the consensus revenue estimate of $3.8 billion, any insights into revenue drivers or challenges will be closely scrutinized by investors.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate State Street's ability to rebound from recent earnings misses, as the company has a strong client base that could drive revenue growth.

Supporting Evidence

The options market is pricing a 28.11% move, indicating significant uncertainty that may not align with the company's underlying fundamentals.

Insider selling activity, while notable, may not reflect the company's long-term potential as management focuses on strategic growth.

Key Risk

If EPS comes in below $3.02, it could challenge the current bullish sentiment and lead to a reassessment of the company's growth trajectory.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is under scrutiny due to recent misses and the need for State Street to demonstrate recovery and growth.

Bull Confirmed If

An EPS of $3.14 or better, along with strong revenue growth, would confirm a positive outlook for State Street.

Bear Confirmed If

An EPS below $3.02 or revenue significantly under $3.7 billion would signal ongoing challenges for the company.

Pre-Earnings Positioning

Options Market

Implied Move

±28.11%

Historical Avg

±3.8%

Pricing rich

The options market is pricing in a significant move around the earnings report, indicating heightened uncertainty among investors.

Options are pricing ±28.1% while STT has averaged ±3.8% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

2.9%

30d HV

23.5%

Calls (239K)P/C Ratio: 1.52Puts (31K)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$1.9M

12,611 sh

2 insiders

Net

$1.9M

Net selling

Most Active Insiders· 2 open-market trades

EVP and COOTAHIRI MOSTAPHA
$1.5M
Net selling

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If State Street beats expectations, history suggests the stock could rise by about 2.27%, confirming a positive trend.

In-Line / Cautious

If results are in line but management is cautious, the stock may react neutrally, reflecting uncertainty about future growth.

Miss

A miss could lead to a decline of around 2.08%, reinforcing concerns about the company's operational challenges.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$15,001.00–$50,000.00

disclosed dollar ranges

Most Active Members

D-MAJake AuchinclossRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on client acquisition and retention rates.
2Insights into cost management strategies and operational efficiencies.
3Details on market conditions affecting asset management.
4Management's outlook on economic factors impacting revenue.
5Any commentary on competitive positioning within the financial sector.