State Street Misses By A Penny
State Street Corporation (NYSE:STT) reported fourth quarter 2011 operating earnings per share of 93 cents, a penny below the Zacks Consensus Estimate. However, this compares favorably with the prior-year quarter earnings of 87 cents. On a GAAP basis, earnings for the quarter came in at 76 cents per share compared with earnings of $1.10 in [...]
State Street Corporation (NYSE:STT) reported fourth quarter 2011 operating earnings per share of 93 cents, a penny below the Zacks Consensus Estimate. However, this compares favorably with the prior-year quarter earnings of 87 cents.
On a GAAP basis, earnings for the quarter came in at 76 cents per share compared with earnings of $1.10 in the prior quarter and only 16 cents in the year-ago quarter.
Operating results for the quarter were aided by strong net interest revenue and lower expenses. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards