Northern Trust's Quarterly Earnings Preview: What You Need to Know

Core Viewpoint - Northern Trust Corporation (NTRS) is expected to report strong earnings growth in its upcoming third-quarter results, with analysts projecting a profit increase of 13.3% year-over-year, reflecting the company's solid performance and historical earnings surprise record [2][5]. Financial Performance - NTRS is anticipated to deliver a profit of $2.13 per share for Q3, up from $1.96 per share in the same quarter last year, indicating a 13.3% increase [2]. - For the full fiscal year 2025, analysts expect an EPS of $8.55, representing an 11% growth from $7.70 in 2024, with further growth projected for fiscal 2026 to $9.32 per share, a 9% year-over-year increase [3]. - Despite a 26.4% year-over-year decline in topline revenue to $2 billion in Q2, the company exceeded market expectations, and its EPS increased by 12.1% year-over-year to $2.13, surpassing consensus estimates by 2.4% [5]. Stock Performance - NTRS stock has appreciated by 50.7% over the past 52 weeks, significantly outperforming the S&P 500 Index's 17.6% and the Financial Select Sector SPDR Fund's 18.2% gains during the same period [4]. - Following the release of Q2 results, the stock experienced a decline of 1.8%, despite reporting better-than-expected financials [5]. Analyst Sentiment - The consensus rating for NTRS is "Hold," with 16 analysts providing varied opinions: two "Strong Buys," one "Moderate Buy," nine "Holds," one "Moderate Sell," and three "Strong Sells" [6]. - The stock is currently trading above its mean price target of $132.46 [6].