Bank of NY Mellon Earnings, Revenue beat in Q1 By Investing.com

Bank of NY Mellon (NYSE:BK) reported first quarter earnings that beat analysts’ expectations on Friday and revenue that topped forecasts.

The firm reported earnings per share of $1.15 on revenue of $3.92B. Analysts polled by Investing.com anticipated EPS of $0.8737 on revenue of $3.84B. .

For the year, Bank of NY Mellon shares are up 13.12%, outperforming the S&P 500 which is up 11.03% year to date.

Bank of NY Mellon follows other major Financial sector earnings this month

On Wednesday, JPMorgan reported first quarter EPS of $4.5 on revenue of $33.12B, compared to forecasts of EPS of $3.06 on revenue of $30.46B.

UnitedHealth earnings beat analyst’s expectations on Thursday, with first quarter EPS of $5.31 on revenue of $70.2B. Investing.com analysts expected EPS of $4.38 on revenue of $69.03B

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