Quantcast

Financial Sector Update for 04/17/2019: BK, MS, USB, JPM, BAC, WFC, CACQ


Shutterstock photo

Top Financial Stocks:

JPM: +0.52%

BAC: -0.27%

WFC: +0.42%

C: +0.50%

USB: -0.56%

Financial heavyweights were mixed in Wednesday's pre-market trading .

Early movers include:

(-) Bank Of New York Mellon ( BK ), which was down more than 7% after i t report ed Q1 EPS of $0.94, down from $1.10 in the year-earlier period and below the Street estimate of $0.96 compiled by Capital IQ.

In other sector news:

(+) Morgan Stanley ( MS ) was 2% higher after it booked Q1 adjusted earnings of $1.33 per share, down from $1.45 per share in the prior-year period but higher than the $1.17 per share Street estimate provided by Capital IQ.

(-) US Bancorp ( USB ) was down 1% after it reported Q1 earnings of $1.00 per share, up from $0.96 in the same period a year ago and in line with the estimate of $1.00 from analysts polled by Capital IQ.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.





This article appears in: Investing , Banking and loans
Referenced Symbols: BK , MS , USB , JPM , BAC




More from MT Newswires

Subscribe






MT Newswires
Contributor:

MT Newswires

Market News, Commodities












Research Brokers before you trade

Want to trade FX?