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Bank of NY Mellon announced earnings per share of $1.13 on revenue of $3.96B. Analysts polled by Investing.com anticipated EPS of $0.9975 on revenue of $3.86B.
Bank of NY Mellon shares are up 16.12% from the beginning of the year, still down 6.84% from its 52 week high of $52.90 set on June 1. They are broadly in line with the S&P 500 which is up 16.46% from the start of the year.
Bank of NY Mellon’s report follows an earnings beat by JPMorgan on Tuesday, who reported EPS of $3.78 on revenue of $31.4B, compared to forecasts EPS of $3.16 on revenue of $30B.
UnitedHealth had beat expectations on Thursday with second quarter EPS of $4.7 on revenue of $71.32B, compared to forecast for EPS of $4.43 on revenue of $69.6B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
