Bank of New York Mellon Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

The Bank of New York Mellon Corporation (NYSE:BK) will release its first-quarter financial results before the opening bell on Friday, April 11.

Analysts expect the bank to report quarterly earnings at $1.51 per share, up from $1.29 per share in the year-ago period. Bank of New York Mellon projects quarterly revenue of $4.77 billion, compared to $4.53 billion a year earlier, according to data from Benzinga Pro.

On March 3, BNY priced $500 million public offering of depositary shares linked to 6.300% Series J Preferred Stock.

Bank of New York Mellon shares fell 3.5% to close at $76.61 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, ...