Bank of NY Mellon reported third quarter earnings that beat analyst's expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.06 on revenue of $4.07B. Analysts polled by expected EPS of $1.04 on revenue of $4.15B. That compared to EPS of $0.94 on revenue of $4.33B in the same period a year earlier The company had reported EPS of $1.03 on revenue of $4.14B in the previous quarter.
For the year, Bank of NY Mellon shares are down 9.43%, under-performing the S&P 500 which is up 4.68% year to date.
Stay up-to-date on all of the upcoming earnings reports by visiting 's earnings calendar
