Διεθνή

State Street Earnings and Revenue Missed. The Stock Is Tumbling.

State Street stock dove early Monday after the financial-services company’s first-quarter report came up short on the top and bottom lines.

State Street (ticker: STT) posted first-quarter diluted earnings of $1.52 per share, missing the analysts’ consensus expectation for $1.64, according to FactSet, and also lower than the $1.57 in the year-ago quarter.