18.01.2024 13:15:02 - dpa-AFX: Northern Trust Corp. Bottom Line Drops In Q4, misses estimates

WASHINGTON (dpa-AFX) - Northern Trust Corp. (NTRS) announced a profit for
fourth quarter that decreased from the same period last year and missed the
Street estimates.

The company's bottom line totaled $108.4 million, or $0.52 per share. This
compares with $151.0 million, or $0.71 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $1.21 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 2.0% to $1.55 billion from $1.52
billion last year.

Northern Trust Corp. earnings at a glance (GAAP) :

-Earnings (Q4): $108.4 Mln. vs. $151.0 Mln. last year.
-EPS (Q4): $0.52 vs. $0.71 last year.
-Analyst Estimates: $1.21
-Revenue (Q4): $1.55 Bln vs. $1.52 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
NORTHN TRUST CORP.DL1,666 854009 Frankfurt 76,500 24.05.24 08:03:08 ±0,000 ±0,00% 76,500 77,000 76,500 76,500

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