Bank of NY Mellon Earnings Miss, Revenue Beats In Q4

This post was originally published on this site

Bank of NY Mellon announced earnings per share of $0.79 on revenue of $3.84B. Analysts polled by Investing.com anticipated EPS of $0.8794 on revenue of $3.83B.

Bank of NY Mellon shares are up 7.96% from the beginning of the year, still down 3.78% from its 52 week high of $47.62 set on February 6, 2020. They are outperforming the S&P 500 which is up 1.14% from the start of the year.

Bank of NY Mellon’s report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.79 on revenue of $30.16B, compared to forecasts EPS of $2.62 on revenue of $28.67B.

UnitedHealth had beat expectations on Wednesday with fourth quarter EPS of $2.52 on revenue of $65.47B, compared to forecast for EPS of $2.41 on revenue of $64.97B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Add Comment