What trends show in STT's EPS surprises?
4/3/2025 12:23am
State Street Corporation (STT) has shown positive EPS surprises in recent quarters, indicating a trend of exceeding market expectations. Here's a detailed analysis based on the available data:
1. **Consistent Positive Surprises**: STT has consistently delivered positive EPS surprises, with the latest surprise being a $0.16 increase, reported as of December 31, 2024. This suggests that the company is performing better than anticipated.
|code|Ticker|Name|Date|EPS Surprise|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|STT|STT.N|State Street|2024 Q1|0.18|1.37|169|
|STT|STT.N|State Street|2024 Q2|0.12|2.15|169|
|STT|STT.N|State Street|2024 Q3|0.14|2.26|169|
|STT|STT.N|State Street|2024 Q4|0.16|2.46|169|
2. **Q3 2024 Earnings Beat**: State Street reported an EPS of $2.6 for Q3 2024, surpassing analyst forecasts of $2.36. This represents a significant positive surprise, further highlighting the company's strong financial performance.
3. **Q2 2024 EPS Surprise**: In Q2 2024, STT delivered an EPS surprise of +6.97%. The consensus EPS estimate for the quarter was $2.01, and the company's actual EPS was higher, indicating a strong performance relative to expectations.
4. **Model Predictive Power**: The model's predictive power for STT's earnings is significant, particularly for positive ESP (Earnings to Sales) readings. This suggests that analysts are accurately predicting earnings beats, which is a positive indicator for investors.
In conclusion, State Street Corporation (STT) has demonstrated a trend of exceeding market expectations in terms of EPS. The company's consistent positive surprises, coupled with strong earnings performances, reflect well on its financial management and market positioning. Investors may look forward to these positive surprises as a sign of potential growth and stability in the company's stock.