Will Northern Trust (NTRS) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Northern Trust Corporation (NTRS) has consistently beaten earnings estimates, with an average surprise of 12.59% over the last two quarters [1][2] - The company reported earnings of $2.26 per share for the most recent quarter, exceeding the expected$2.02 per share, resulting in a surprise of 11.88% [2] - For the previous quarter, Northern Trust reported $1.96 per share against an estimate of$1.73 per share, achieving a surprise of 13.29% [2] Earnings Estimates and Predictions - Estimates for Northern Trust have been trending higher due to its history of earnings surprises, indicating positive analyst sentiment [5] - The stock has a positive Zacks Earnings ESP of +1.90%, suggesting analysts are optimistic about the company's earnings prospects [8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a strong possibility of another earnings beat in the upcoming report [8] Earnings ESP and Market Behavior - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6] - The Earnings ESP metric compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7] - A negative Earnings ESP does not necessarily indicate an earnings miss, but it does reduce predictive power [9]