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Bank Of New York Mellon: Q3 just above consensus

(CercleFinance.com) - This Thursday Bank of New York Mellon announced Q3 2018 net income of 1.
114 billion dollars, up 9.2% year-on-year (1.02 billion dollars in Q3 2017).

Likewise, revenues rose slightly (+1%), from 4.01 billion dollars to 4.06 billion dollars. Earnings per share were also up, reaching 1.06 dollar (+13% relative to Q3 2017).

As a result, EPS comes in just above analysts' expectations, with the consensus looking for 1.04 dollar.


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