Northern Trust Corp. Profit Rises In Q3

(RTTNews) - Northern Trust Corp. (NTRS) revealed earnings for its third quarter that rose from the same period last year.

The company's earnings came in at $384.6 million, or $1.69 per share. This compares with $374.5 million, or $1.58 per share, in last year's third quarter.

Analysts had expected the company to earn $1.63 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.8% to $1.54 billion from $1.47 billion last year.

Northern Trust Corp. earnings at a glance:

-Earnings (Q3): $384.6 Mln. vs. $374.5 Mln. last year. -EPS (Q3): $1.69 vs. $1.58 last year. -Analysts Estimate: $1.63 -Revenue (Q3): $1.54 Bln vs. $1.47 Bln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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