A Look Ahead: Northern Trust's Earnings Forecast
Portfolio Pulse from Benzinga Insights
Northern Trust (NASDAQ:NTRS) is set to announce its quarterly earnings on October 23, 2024, with analysts estimating an EPS of $1.74. The company's past performance shows mixed results, with a recent miss in EPS but a slight increase in share price. Analysts have a Neutral rating on the stock, with a price target suggesting a potential downside. Northern Trust shows strong profitability metrics compared to peers, despite a lower market capitalization.
October 22, 2024 | 2:01 pm
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Northern Trust is expected to announce its earnings with an estimated EPS of $1.74. The stock has a Neutral rating with a potential downside based on the average price target. Despite a past EPS miss, the stock showed resilience with a slight price increase. The company demonstrates strong profitability metrics compared to peers.
The upcoming earnings announcement is crucial for Northern Trust, with analysts expecting an EPS of $1.74. The stock's Neutral rating and potential downside suggest limited short-term upside. However, the company's strong profitability metrics compared to peers could provide support. The past resilience in stock price despite an EPS miss indicates a neutral short-term impact.
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