Seeking Clues to Northern Trust (NTRS) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics

Core Viewpoint - Analysts expect Northern Trust Corporation (NTRS) to report quarterly earnings of $2.08 per share, reflecting a year-over-year increase of 16.9%, while revenues are projected to decline by 27% to $1.98 billion [1] Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised upward by 4.6%, indicating a collective reassessment by analysts [2] - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3] Revenue and Key Metrics Projections - Analysts project 'Wealth Management Trust, Investment and Other Servicing Fees- Global Family Office' to reach $104.02 million, a 5.3% increase year-over-year [5] - The total estimate for 'Wealth Management Trust, Investment and Other Servicing Fees' is $548.23 million, reflecting a 6.4% increase from the previous year [5] - 'Asset Servicing Trust, Investment and Other Servicing Fees- Custody and Fund Administration' is expected to be $464.20 million, up 4.1% year-over-year [6] - The total for 'Asset Servicing Trust, Investment and Other Servicing Fees' is projected at $687.80 million, indicating a 5.7% increase [6] - 'Asset Servicing Trust, Investment and Other Servicing Fees- Securities Lending' is estimated at $21.34 million, a significant increase of 29.3% year-over-year [7] - 'Asset Servicing Trust, Investment and Other Servicing Fees- Investment Management' is forecasted to reach $156.00 million, reflecting a 7.1% increase [8] Financial Ratios and Income Estimates - The 'Tier 1 Leverage Ratio' is expected to be 7.8%, down from 8.0% a year ago [8] - 'Average Balance-Total earning assets' is projected at $139.18 billion, compared to $135.40 billion in the previous year [8] - The consensus estimate for 'Nonaccrual Loans and Leases' stands at $59.16 million, up from $38.50 million year-over-year [9] - 'Net Interest Income - FTE Adjusted' is expected to be $580.77 million, compared to $529.80 million in the same quarter last year [9] - 'Total Noninterest Income' is projected to reach $1.40 billion, down from $2.19 billion in the same quarter of the previous year [10] Stock Performance - Over the past month, Northern Trust shares have increased by 14.4%, outperforming the Zacks S&P 500 composite's 5.4% change [11] - Based on its Zacks Rank 1 (Strong Buy), NTRS is expected to outperform the overall market in the upcoming period [11]