NEW YORK (TheStreet) -- Shares of State Street (STT) - Get Report  were down in late-afternoon trading on Tuesday as the company will report 2016 fiscal third-quarter results before tomorrow's market open. 

Wall Street is expecting to see a year-over-year increase in earnings and revenue.

Analysts are forecasting adjusted earnings of $1.25 per share on revenue of $2.72 billion. 

In 2015, the Boston-based financial holding company posted earnings of $1.16 per diluted share and $2.65 billion in revenue for the third quarter. 

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

The team rates State Street as a Buy with a ratings score of B. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, good cash flow from operations, increase in stock price during the past year and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, the team feels they are unlikely to have a significant impact on results.

You can view the full analysis from the report here: STT

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