Bank Of New York Mellon Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Bank of New York Mellon Corporation (NYSE: BNY) is set to report its Q3 earnings on October 15, with analysts predicting earnings of $2.27 per share, an increase from $1.91 per share in the previous year. The expected quarterly revenue is $5.56 billion, up from $5.08 billion last year. The company's shares rose 1% to close at $145.40 on Friday, and several analysts have revised their price targets, with JP Morgan increasing its target from $159 to $161.