State Street Corporation (NYSE:STT) released its earnings report for the three months ended June 30 this morning before the bell rang on Wall Street. The company showed earnings of $1.24 cents per share for the quarter on revenue totalling $2.56 billion. Stock in State Street Corporation (NYSE:STT) closed on Thursday’s market trading for $70.10 per share.
In the same three months of 2012 the financial institution earned $1.01 per share on revenue of $2.4 billion. Analysts following the investor were looking for quarterly earnings per share of $1.18 on revenue of $2.54 billion from this report.
World beating performance by State Street
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