Core Viewpoint - Northern Trust Corporation (NTRS) is expected to report quarterly earnings of $2.26 per share, a 15.3% increase year-over-year, with revenues projected at $2.04 billion, reflecting a 3.7% increase from the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised upward by 3.1% over the past 30 days, indicating analysts have reassessed their projections [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue and Key Metrics - Analysts estimate 'Wealth Management Trust, Investment and Other Servicing Fees- Global Family Office' at $109.98 million, a 9.1% increase year-over-year [5]. - 'Wealth Management Trust, Investment and Other Servicing Fees- Total' is projected to reach $569.70 million, up 7.6% from the prior year [5]. - 'Asset Servicing Trust, Investment and Other Servicing Fees- Custody and Fund Administration' is expected to be $493.16 million, reflecting an 8.8% year-over-year increase [6]. - Total 'Asset Servicing Trust, Investment and Other Servicing Fees' is forecasted at $726.04 million, also an 8.8% increase [6]. - 'Asset Servicing Trust, Investment and Other Servicing Fees- Securities Lending' is estimated at $20.96 million, a significant 19.8% increase [7]. - 'Asset Servicing Trust, Investment and Other Servicing Fees- Investment Management' is projected to be $167.27 million, a 9.6% increase from the previous year [8]. - The average balance of total earning assets is estimated at $143.48 billion, compared to $134.77 billion in the same quarter last year [9]. - 'Net Interest Income - FTE Adjusted' is expected to be $599.04 million, up from $569.40 million year-over-year [10]. - 'Total Noninterest Income' is projected at $1.45 billion, compared to $1.41 billion in the previous year [10]. Stock Performance - Over the past month, Northern Trust shares have declined by 5.8%, while the Zacks S&P 500 composite has increased by 0.7% [11].