Northern Trust Q2 GAAP EPS $4.34 Beats $3.50 Estimate, Sales $2.71B Beat $2.06B Estimate
Portfolio Pulse from Benzinga Newsdesk
Northern Trust (NASDAQ:NTRS) reported Q2 earnings of $4.34 per share, significantly beating the $3.50 estimate. Sales were $2.71 billion, surpassing the $2.06 billion estimate. This represents a 178.21% increase in EPS and a 54.52% increase in sales year-over-year.
July 17, 2024 | 11:23 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Northern Trust reported Q2 earnings of $4.34 per share, beating the $3.50 estimate. Sales were $2.71 billion, surpassing the $2.06 billion estimate. This represents a 178.21% increase in EPS and a 54.52% increase in sales year-over-year.
Northern Trust's significant beat on both EPS and sales estimates, along with substantial year-over-year growth, is likely to positively impact its stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100