Equity Profile

STT

State Street Corporation

FinancialsAsset Management & Custody Banks$43.1B

Jul14Tue

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Key Metrics to Watch

EPS

Earnings per share is a key indicator of profitability and will show how well State Street is managing its costs and revenues.

$3.14

Revenue

Total revenue reflects the company's ability to generate income from its services, which is vital for assessing growth.

$3.8B

Wall Street expectations, options signals, track record, and call prep available with Pro.

STT Q2-2026 Earnings Preview

Context

Company Snapshot

State Street Corporation (STT) is a financial services company that specializes in asset management and custody banking. With a market cap of $43 billion, it plays a crucial role in managing investments and safeguarding assets for institutional investors. As the financial sector continues to evolve, State Street's performance is closely tied to trends in asset management and market conditions.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

50%

Avg EPS Surprise

-1.17%

Avg Stock Reaction

+0.09%

Last Quarter Recap

In Q1 2026, State Street reported an EPS of $2.49, falling short of the expected $2.60, resulting in a 4.23% negative surprise. The stock reacted positively, gaining 2.49% the following day despite the miss.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts are cautiously optimistic about State Street's upcoming earnings, expecting an EPS of $3.14 and revenue of $3.8 billion. However, given the recent earnings misses, there is a degree of skepticism in the market.

Bull Case

If State Street can exceed the EPS estimate and show strong revenue growth, it could signal improved operational efficiency and market demand, leading to a positive stock reaction.

Bear Case

Conversely, if the company misses expectations again, it could raise concerns about its growth trajectory and operational challenges, resulting in a negative market response.

Key Metrics to Watch

EPS

$3.14

Earnings per share is a key indicator of profitability and will show how well State Street is managing its costs and revenues.

Revenue

$3.8B

Total revenue reflects the company's ability to generate income from its services, which is vital for assessing growth.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will State Street's EPS exceed the consensus estimate of $3.14?

A positive surprise in EPS could boost investor confidence and lead to a favorable stock reaction.

What factors contributed to the revenue forecast of $3.8 billion?

Understanding the drivers behind revenue expectations will help gauge the company's growth potential and market position.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating State Street's ability to rebound from recent earnings misses, as operational improvements could lead to better-than-expected results.

Supporting Evidence

The significant implied move of 28.1% suggests traders are anticipating a larger reaction than historical averages.

Recent insider selling may indicate a lack of confidence that could weigh on the stock if results are disappointing.

Key Risk

If EPS comes in below $3.02, it could validate bearish sentiment and lead to a sharp sell-off.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether State Street can turn around its recent performance and meet or exceed expectations.

Bull Confirmed If

An EPS of $3.20 or higher would confirm the bull case, indicating strong operational performance.

Bear Confirmed If

An EPS below $3.02 would confirm the bear case, raising concerns about the company's profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±28.1%

Historical Avg

±3.8%

Pricing rich

The options market is pricing in a significant move, indicating that traders expect volatility around the earnings announcement.

Options are pricing ±28.1% while STT has averaged ±3.8% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

2.9%

30d HV

23.5%

Calls (239K)P/C Ratio: 1.52Puts (31K)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$1.9M

12,611 sh

2 insiders

Net

$1.9M

Net selling

Most Active Insiders· 2 open-market trades

EVP and COOTAHIRI MOSTAPHA
$1.5M
Net selling

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If State Street beats expectations, history suggests the stock could rise by around 2.27%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may react cautiously, reflecting ongoing uncertainty in the market.

Miss

If the company misses expectations, history suggests a potential decline of around 2.08%, indicating investor disappointment.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$15,001.00–$50,000.00

disclosed dollar ranges

Most Active Members

D-MAJake AuchinclossRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any commentary on cost management strategies and their impact on profitability.
2Insights into client demand trends and how they are affecting revenue.
3Updates on any new services or products that could drive future growth.
4Management's outlook on market conditions and potential challenges ahead.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Key Metrics to Watch

EPS

Earnings per share is a key indicator of profitability and will show how well State Street is managing its costs and revenues.

$3.14

Revenue

Total revenue reflects the company's ability to generate income from its services, which is vital for assessing growth.

$3.8B

Wall Street expectations, options signals, track record, and call prep available with Pro.

STT Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

50%

Avg EPS Surprise

-1.17%

Avg Stock Reaction

+0.09%

Last Quarter Recap

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If State Street can exceed the EPS estimate and show strong revenue growth, it could signal improved operational efficiency and market demand, leading to a positive stock reaction.

Bear Case

Conversely, if the company misses expectations again, it could raise concerns about its growth trajectory and operational challenges, resulting in a negative market response.

Key Metrics to Watch

EPS

$3.14

Earnings per share is a key indicator of profitability and will show how well State Street is managing its costs and revenues.

Revenue

$3.8B

Total revenue reflects the company's ability to generate income from its services, which is vital for assessing growth.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will State Street's EPS exceed the consensus estimate of $3.14?

A positive surprise in EPS could boost investor confidence and lead to a favorable stock reaction.

What factors contributed to the revenue forecast of $3.8 billion?

Understanding the drivers behind revenue expectations will help gauge the company's growth potential and market position.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating State Street's ability to rebound from recent earnings misses, as operational improvements could lead to better-than-expected results.

Supporting Evidence

The significant implied move of 28.1% suggests traders are anticipating a larger reaction than historical averages.

Recent insider selling may indicate a lack of confidence that could weigh on the stock if results are disappointing.

Key Risk

If EPS comes in below $3.02, it could validate bearish sentiment and lead to a sharp sell-off.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether State Street can turn around its recent performance and meet or exceed expectations.

Bull Confirmed If

An EPS of $3.20 or higher would confirm the bull case, indicating strong operational performance.

Bear Confirmed If

An EPS below $3.02 would confirm the bear case, raising concerns about the company's profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±28.1%

Historical Avg

±3.8%

Pricing rich

The options market is pricing in a significant move, indicating that traders expect volatility around the earnings announcement.

Options are pricing ±28.1% while STT has averaged ±3.8% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

2.9%

30d HV

23.5%

Calls (239K)P/C Ratio: 1.52Puts (31K)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$1.9M

12,611 sh

2 insiders

Net

$1.9M

Net selling

Most Active Insiders· 2 open-market trades

EVP and COOTAHIRI MOSTAPHA
$1.5M
Net selling

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If State Street beats expectations, history suggests the stock could rise by around 2.27%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may react cautiously, reflecting ongoing uncertainty in the market.

Miss

If the company misses expectations, history suggests a potential decline of around 2.08%, indicating investor disappointment.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$15,001.00–$50,000.00

disclosed dollar ranges

Most Active Members

D-MAJake AuchinclossRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any commentary on cost management strategies and their impact on profitability.
2Insights into client demand trends and how they are affecting revenue.
3Updates on any new services or products that could drive future growth.
4Management's outlook on market conditions and potential challenges ahead.