State Street Corporation logo

STT

State Street Corporation

$75.39

Earnings Summary

Revenue
$5311Mn
Net Profits
$463Mn
Net Profit Margins
8.72%
PE Ratio
14.09

Highlights

Revenue:

State Street Corporation’s revenue jumped 71.27% since last year same period to $5311Mn in the Q1 2024. On a quarterly growth basis, State Street Corporation has generated 74.53% jump in its revenue since last 3-months.

Net Profits:

State Street Corporation’s net profit fell -15.66% since last year same period to $463Mn in the Q1 2024. On a quarterly growth basis, State Street Corporation has generated 120.48% jump in its net profits since last 3-months.

Net Profit Margins:

State Street Corporation’s net profit margin fell -50.76% since last year same period to 8.72% in the Q1 2024. On a quarterly growth basis, State Street Corporation has generated 26.32% jump in its net profit margins since last 3-months.

PE Ratio:

State Street Corporation’s price-to-earnings ratio after this Q1 2024 earnings stands at 14.09.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the State Street Corporation post its latest quarter earnings

EPS Estimate Current Quarter
1.98
EPS Estimate Current Year
1.98

Highlights

EPS Estimate Current Quarter:

State Street Corporation’s earning per share (EPS) estimates for the current quarter stand at 1.98 - a 32% jump from last quarter’s estimates.

EPS Estimate Current Year:

State Street Corporation’s earning per share (EPS) estimates for the current year stand at 1.98.

Key Ratios

Key ratios of the State Street Corporation post its Q1 2024 earnings

Earning Per Share (EPS)
1.69
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.08
Dividend Per Share (DPS)
0.69

Highlights

Earning Per Share (EPS):

State Street Corporation’s earning per share (EPS) jumped 11.18% since last year same period to 1.69 in the Q1 2024. This indicates that the State Street Corporation has generated 11.18% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. State Street Corporation’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. State Street Corporation’s return on equity (ROE) stands at 0.08.

Dividend Per Share (DPS):

State Street Corporation declared 0.69 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-02
1.5
1.69
12.67%