Northern Trust Q4 2023 GAAP EPS $0.52 Misses $0.85 Estimate
Portfolio Pulse from Benzinga Newsdesk
Northern Trust (NASDAQ:NTRS) reported Q4 2023 earnings of $0.52 per share, missing the analyst consensus estimate of $0.85 by 38.82%.
January 18, 2024 | 12:01 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Northern Trust reported a significant earnings miss for Q4 2023, with EPS of $0.52 compared to the expected $0.85.
Earnings misses typically result in negative investor sentiment and can lead to a decrease in stock price in the short term. The magnitude of the miss (38.82%) is substantial, which could lead to a stronger negative reaction in the market.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100