Bank of NY Mellon Earnings, Revenue Beat in Q2

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Bank of NY Mellon announced earnings per share of $1.01 on revenue of $4.01B. Analysts polled by Investing.com anticipated EPS of $0.9 on revenue of $3.88B.

Bank of NY Mellon shares are down 22.57% from the beginning of the year , still down 24.48% from its 52 week high of $51.60 set on January 9. They are under-performing the S&P 500 which is down 1.03% from the start of the year.

Bank of NY Mellon’s report follows an earnings beat by JPMorgan on Tuesday, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.19 on revenue of $30.41B.

UnitedHealth had beat expectations on Wednesday with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.18 on revenue of $63.34B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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