Global financial services company BNY (NYSE:BK) will report earnings before market hours this Tuesday. Last quarter, BNY beat revenue expectations by 2.1%, reporting $5.07 billion, up 9.1% YoY. Analysts expect revenue to grow 6.1% to $5.14 billion this quarter, with adjusted earnings at $1.98 per share. BNY has a history of beating revenue estimates by 2.8% on average. Peers like Jefferies and FactSet have reported revenue growth and beating estimates. Investor sentiment in the capital markets segment has been positive. BNY stock is up 2.6% in the last month with an average analyst price target of $127.67.
Read more at StockStory.org.: BNY (BK) Reports Q4 Results Tomorrow
