From RTTNews:

State Street Corp. (STT) reported a 2 percent decrease in net income for the fourth quarter, down to $210 million from $733 million last year. Earnings per share also declined 8 percent to $0.55 from $1.91. Excluding items, the company reported adjusted earnings of $2.04 per share for the quarter. Total revenue decreased 3.5 percent to $3.04 billion from $3.16 billion in the same quarter last year. Analysts expected revenues of $2.95 billion for the quarter. On average, 14 analysts expected earnings of $1.83 per share. For more earnings news and stocks, visit rttnews.com.



Read more: State Street Q4 Profit Plunges 71%, But Results Top Estimates