Bank of New York Mellon (NYSE:BK) reported its Q4 earnings results on Tuesday, January 18, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Bank of New York Mellon beat estimated earnings by 2.97%, reporting an EPS of $1.04 versus an estimate of $1.01, which did not surprise analysts.
Revenue was up $111.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03, which was followed by a 2.88% increase in the share price the next day.
Here's a look at Bank of New York Mellon's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.01 | 1 | 0.87 | 0.91 |
| EPS Actual | 1.04 | 1.13 | 0.97 | 0.96 |
| Revenue Estimate | 3.95B | 3.88B | 3.85B | 3.83B |
| Revenue Actual | 4.04B | 3.96B | 3.92B | 3.90B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
