By Allison Prang

State Street Corp.'s (STT) profit rose 13% in the latest quarter but the company missed analysts' estimates for both its bottom line and revenue.

The company reported earnings of $709 million, or $1.87 a share, up from $629 million, or $1.66 a share. Analysts polled by Refinitiv were expecting earnings of $1.89 a share.

Total revenue rose 3.7% to $2.95 billion. Analysts polled by Refinitiv were expecting $3.02 billion.

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

October 19, 2018 07:34 ET (11:34 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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