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State Street Corporation (NYSE: STT) Additional Q&A for 4Q and Full-Year Earnings Results

1. State Street reported Q4 and full-year 2024 financial results. 2. A Q&A session was interrupted due to technical issues. 3. The firm manages $4.7 trillion in assets as of December 31, 2024. 4. State Street operates in over 100 markets globally with 53,000 employees. 5. A continuation Q&A will occur on January 22, 2025.

Earnings
-1.85%Current Return
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+0.56%S&P 500
$9901/21 06:28 PM EDTEvent Start
$97.1701/23 12:45 AM EDTLatest Updated
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FAQ

Why Neutral?

Technical issues during the call may temporarily affect investor sentiment but not fundamentals. Previous instances of tech issues have had minimal long-term impact.

How important is it?

The article covers important earnings information pertinent to STT's valuation. Financial results impact future performance but are overshadowed by technical issues.

Why Short Term?

The incident may cause short-term volatility but doesn't change long-term fundamentals. Past financial releases have shown recovery shortly after any disturbances.

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STT
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its fourth-quarter and full-year 2024 financial results last Friday, January 17, 2025. The news release, presentation and additional financial information can be accessed on State Street’s Investor Relations website, http://investors.statestreet.com. A conference call to discuss the firm’s financial results and outlook scheduled for 11:00 a.m. ET, Friday, January 17, 2025 was interrupted after the conclusion of the prepared remarks and during the Q&A session, due to a technology issue with a vendor. State Street will host a continuation of the Q&A session of the call Tomorrow, Wednesday, January 22, 2025 at 12:00 p.m. EST. This call will be open to the public. The new conference call will be accessible on State Street’s Investor Relations website, and by telephone at (+1) 805 309 0220 (Participant Passcode: 6962927#). Following the conference call, a replay will be available for approximately one month on State Street’s Investor Relations website. About State Street Corporation State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $46.6 trillion in assets under custody and/or administration and $4.7 trillion* in assets under management as of December 31, 2024, State Street operates globally in more than 100 geographic markets and employs approximately 53,000 worldwide. For more information, visit State Street's website at www.statestreet.com. *Assets under management as of December 31, 2024 includes approximately $82 billion of assets with respect to SPDR® products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.

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