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Bank of New York Mellon Reports Q1 EPS of $1.12; Sales $4.36B Miss $4.40B Estimate

Benzinga2023-04-18

Bank of New York Mellon reported quarterly earnings of $1.12 per share which met the analyst consensus estimate. This is a 30.23 percent increase over earnings of $0.86 per share from the same period last year. The company reported quarterly sales of $4.36 billion which missed the analyst consensus estimate of $4.40 billion by 0.84 percent. This is a 11.13 percent increase over sales of $3.93 billion the same period last year.

Shares of Bank of New York Mellon rose 1.79% in premarket trading.

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