State Street Beats Q2 Expectations

State Street posts higher revenue on strong fee income State Street's second-quarter revenue exceeded expectations due to a significant jump in fee income. The company's full-year financial guidance was also boosted. Shares initially rose 1.80% to $190.00 i

State Street posts higher revenue on strong fee income

State Street’s second-quarter revenue exceeded expectations due to a significant jump in fee income.

The company’s full-year financial guidance was also boosted.

Shares initially rose 1.80% to $190.00 in pre-market trading but later fell 2.12% to $182.63.

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