State Street Corp. Bottom Line Drops In Q3

State Street Corp. (STT) announced a profit for third quarter that decreased from the same period last year

The company's earnings came in at $690 million, or $1.80 per share. This compares with $714 million, or $1.96 per share, in last year's third quarter.

The company's revenue for the quarter fell 1.0% to $2.96 billion from $2.99 billion last year.

State Street Corp. earnings at a glance (GAAP) :

-Earnings (Q3): $690 Mln. vs. $714 Mln. last year.
-EPS (Q3): $1.80 vs. $1.96 last year.
-Revenue (Q3): $2.96 Bln vs. $2.99 Bln last year.

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