Bank of New York Mellon is trading higher in after-hours activity following a series of reports highlighting positive sentiment ahead of the company's upcoming third-quarter earnings release on October 15.
Analysts have identified the firm as a likely candidate to beat consensus EPS estimates of $2.27, citing an Earnings ESP of +0.33% and a history of exceeding expectations in the four trailing quarters. This anticipation of 18.9% year-over-year earnings growth appears to be driving investor interest, overshadowing recen