State Street (NYSE:STT) will report earnings this Friday. Last quarter, revenues were $3.55 billion, up 8.8% year on year, beating expectations by 2.4%. Analysts predict a 5.9% revenue increase to $3.61 billion this quarter, with adjusted earnings expected at $2.84 per share. Peers BNY and Jefferies reported revenue growth of 6.8% and 5.7% respectively. State Street has seen positive sentiment in the capital markets segment, with share prices up 5.7% in the last month. Analysts have an average price target of $143.53. Read about a promising enterprise software stock in our free report.
Read more at StockStory Communications: State Street (STT) Q4 Earnings Report Preview: What To Look For
