State Street (NYSE:STT) Posts Earnings Results, Misses Estimates By $0.12 EPS

State Street (NYSE:STT)  announced its earnings results on Monday. The asset manager reported $1.52 earnings per share for the quarter, missing the consensus estimate of $1.64 by ($0.12). The firm had revenue of $3.10 billion during the quarter, compared to analysts’ expectations of $3.13 billion. RETURNED $1.5 BILLION OF CAPITAL THROUGH SHARE REPURCHASES AND COMMON DIVIDENDS. TOTAL REVENUE UP 1% STRONG NET INTEREST INCOME GROWTH OF 50% EXPENSES WELL-CONTROLLED, UP 2%

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Bank of America (NYSE:BAC) Q1 Profit, Revenue Advance

Bank of America (NYSE:BAC) reported Q1 earnings Tuesday of $0.94 per diluted share, up from $0.80 per share a year ago. Analysts polled by Capital IQ forecast EPS of $0.83. Total revenue, net of interest expense, was $26.26 billion for the quarter, up from $23.23 billion a year ago. Analysts polled by Capital IQ expected $25.28 billion, if comparable.

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