Core Viewpoint - Northern Trust Corporation (NTRS) shows potential as a strong investment opportunity due to significant revisions in earnings estimates, indicating an improving earnings outlook [1][3]. Estimate Revisions - The current quarter's earnings estimate is projected at $1.83 per share, reflecting a year-over-year increase of +7.65%. Over the last 30 days, the Zacks Consensus Estimate has risen by 6.73% with four upward revisions and no negative changes [4]. - For the full year, the earnings estimate stands at $8.25 per share, representing a +7.14% change from the previous year. In the past month, six estimates have been revised upward, leading to a 5.33% increase in the consensus estimate [5]. Analyst Sentiment - There is strong consensus among analysts regarding the upward revision of earnings estimates for Northern Trust, contributing to a favorable outlook for the stock [3][6]. - The company has achieved a Zacks Rank 1 (Strong Buy), indicating a positive sentiment and potential for outperformance compared to the S&P 500 [6]. Stock Performance - Northern Trust's stock has appreciated by 5.9% over the past four weeks, driven by strong estimate revisions, suggesting further upside potential [7].
Why Northern Trust (NTRS) Might be Well Poised for a Surge