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Northern Trust Corp. Profit Rises In Q3

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.

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