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Northern Trust Corp. Profit Rises In Q1

Northern Trust Corp. (NTRS) revealed earnings for its first quarter that rose from last year.

The company's earnings came in at $360.6 million, or $1.55 per share. This compares with $347.1 million, or $1.48 per share, in last year's first quarter.

Analysts had expected the company to earn $1.45 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.4% to $1.60 billion from $1.49 billion last year.

Northern Trust Corp. earnings at a glance:

-Earnings (Q1): $360.6 Mln. vs. $347.1 Mln. last year.
-EPS (Q1): $1.55 vs. $1.48 last year.
-Analysts Estimate: $1.45
-Revenue (Q1): $1.60 Bln vs. $1.49 Bln last year.

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