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 it reported 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.
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