BNY shares fall despite third-quarter earnings beating expectations
BNY Bank Of New York Mellon Corp
$137.64 -2.40%
View chart & analysis → - 1BNY reported third-quarter adjusted earnings per share of $2.37, exceeding the analyst consensus of $2.26.
- 2BNY achieved third-quarter revenue of $5.68 billion, marking a 12% increase in BNY revenue compared to the same period last year.
- 3BNY shares fell 1.58% in premarket trading following the earnings announcement.
So what's the key point?
BNY made more profit than experts expected. However, the stock price fell 1.58%.
Source Investing.com +1 · View original ↗
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