BUZZ-BNY gains after Q4 profit beat
ReutersJan 15, 2025 4:35 PM
Shares of BNY BK.N rise 6.3% to $80.77; stock among the top performers in the S&P 500 index .SPX
BNY beats profit estimates for fourth quarter on higher investment services fees
Total fee revenue rises 9% to $3.51 billion in the reported quarter from a year earlier
On an adjusted basis, BK reports a profit of $1.72 per share in Q4, comfortably beating analysts' expectation of $1.56 per share - LSEG
Stock rose 47.6% in 2024
(Reporting by Jaiveer Singh Shekhawat in Bengaluru)
((JaiveerSingh.Shekhawat@thomsonreuters.com;))
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