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State Street Meets Analysts' 3Q Estimates

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State Street


reported growth in income and revenue in the third quarter and met analysts' estimates for the period.

The company earned $150 million, or 91 cents a diluted share, compared with $126 million, or 77 cents a share, a year ago. According to

First Call/Thomson Financial

, 13 analysts expected the company to earn 91 cents a share in the third quarter.

Total revenue for the quarter rose 17% to $905 million from $775 million a year earlier.