State Street Corporation (STT) Q3 2024 Earnings Call Transcript

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Q3: 2024-10-15 Earnings Summary

EPS of $2.26 beats by $0.14
 | Revenue of $3.26B (21.11% Y/Y) beats by $63.70M

State Street Corporation (NYSE:STT) Q3 2024 Earnings Conference Call October 15, 2024 12:00 PM ET

Company Participants

Elizabeth Lynn - Global Head, Investor Relations
Ron O'Hanley - Chief Executive Officer
Eric Aboaf - Chief Financial Officer

Conference Call Participants

Glenn Schorr - Evercore
Brennan Hawken - UBS Financial
Alex Blostein - Goldman Sachs
Betsy Graseck - Morgan Stanley
Brian Bedell - Deutsche Bank
Jim Mitchell - Seaport Global Securities
Gerard Cassidy - RBC

Operator

Good morning, and welcome to State Street Corporation's Third Quarter 2024 Earnings Conference Call and Webcast. Today's discussion is being broadcasted live on State Street's website at investors.statestreet.com. This conference call is also being recorded for replay.

State Street's conference call is copyrighted and all rights are reserved. This call may not be recorded for rebroadcast or distribution, in whole or in part, without the expressed written authorization from State Street Corporation. The only authorized broadcast of this call will be housed on the State Street website.

Now, I would like to introduce Elizabeth Lynn, Global Head of Investor Relations at State Street.

Elizabeth Lynn

Good morning, and thank you all for joining us.

On our call today, our CEO, Ron O'Hanley, will speak first, then, Eric Aboaf, our CFO, will take you through our third quarter 2024 earnings presentation, which is available for download on the Investor Relations section of our website, investors.statestreet.com. Afterward, we'll be happy to take questions.

Before we get started, I'd like to remind you that today's presentation will include results presented on a basis that excludes or adjusts one or more items from GAAP. Reconciliations of these non-GAAP measures to the most directly comparable GAAP or regulatory measure are available in the appendix to our presentation.

In addition, today's call will include forward-looking statements. Actual results may differ materially from those statements

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