BNY Mellon beats by $0.14, beats on revs
- Reports Q1 (Mar) earnings of $1.10 per share, $0.14 better thanthe Capital IQ Consensus of $0.96; revenues rose 8.7% year/year to $4.18 bln vs the $4.04 bln Capital IQ Consensus.
- Assets under management of $1.9 trillion increased 8% reflecting the favorable impact of a weaker U.S. dollar (principally versus the British Pound), higher market values and net inflows, partially offset by the divestiture of CenterSquare Investment Management and other changes.
No comments:
Post a Comment