Northern Trust Corporation (NTRS) Q1 Earnings Beat Estimates

Core Viewpoint - Northern Trust Corporation reported quarterly earnings of $1.90 per share, exceeding the Zacks Consensus Estimate of$ 1.85 per share, and showing an increase from $1.70 per share a year ago, indicating a positive earnings surprise of 2.70% [1] Financial Performance - The company posted revenues of$ 1.94 billion for the quarter ended March 2025, which was slightly below the Zacks Consensus Estimate by 0.34%, but an increase from $1.65 billion year-over-year [2] - Over the last four quarters, Northern Trust has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance - Northern Trust shares have declined approximately 15.3% since the beginning of the year, compared to a decline of 12.3% for the S&P 500 [3] - The current Zacks Rank for Northern Trust is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$ 2 on revenues of $1.95 billion, and for the current fiscal year, it is$ 7.88 on revenues of $7.79 billion [7] - The estimate revisions trend for Northern Trust is mixed, and future changes in estimates will be closely monitored following the recent earnings report [6][7] Industry Context - The Banks - Major Regional industry, to which Northern Trust belongs, is currently ranked in the top 28% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]