Curious about State Street (STT) Q1 Performance? Explore Wall Street Estimates for Key Metrics

Core Insights - Analysts project State Street Corporation (STT) will report quarterly earnings of $1.98 per share, a 17.2$3.3 billion, up 5.2% from the same quarter last year [1] Earnings Estimates - The consensus EPS estimate has been revised downward by 2.8% over the past 30 days, indicating a collective reassessment by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [3] Key Financial Metrics - Analysts forecast the 'Basel III Advanced Approaches - Tier 1 Leverage Ratio' to be 5.5%, up from 5.4% a year ago [5] - The 'Average balance - Total interest-earning assets' is expected to reach $274.35 billion, compared to$254.33 billion in the same quarter last year [5] - The 'Basel III Standardized Approach - Tier 1 capital ratio' is estimated at 13.6%, down from 13.8% year over year [6] - 'Assets under Management (AUM)' is projected to be $4,713.90 billion, an increase from$4,336 billion a year ago [6] - The 'Assets under Custody and/or Administration (AUC/A)' is expected to reach $39,950.61 billion, down from$43,912 billion in the same quarter last year [7] Revenue Projections - 'Total fee revenue' is projected at $2.57 billion, compared to$2.42 billion in the same quarter last year [8] - 'Net Interest Income' is expected to be $729.81 million, up from$716 million year over year [7] - 'Software and processing fees' are estimated at $220.93 million, compared to$207 million a year ago [9] - 'Management fees' are projected to be $549.66 million, an increase from$510 million year over year [9] Stock Performance - State Street shares have decreased by 8.5% in the past month, while the Zacks S&P 500 composite has declined by 3.6% [11]