State Street shares fell as Q3 revenue missed estimates despite an EPS beat

On Oct. 14, State Street reported Q3 EPS of $3.69 versus $3.67 estimated, while revenue was $4.00B versus $4.04B estimated. Shares traded at $162.09, down 6.90% at 12:54 p.m. EDT. The company raised 2026 fee-revenue growth guidance to 13–14% from 12–13% and NII growth to 15–16% from 14–15%; expense-growth guidance stayed about 8–8.5%.