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• Northern Trust Corp NTRS.OQ reported quarterly adjusted earnings of $1.78​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of $1.56. The mean expectation of sixteen analysts for the quarter was for earnings of $1.91 per share. Wall Street expected results to range from $1.61 to $3.77 per share.

• Revenue rose 5% to $1.86 billion from a year ago; analysts expected $2.06 billion.

• Northern Trust Corp's reported EPS for the quarter was $4.34​.

• The company reported quarterly income of $884.3 million.

• Northern Trust Corp shares had risen by 8.1% this quarter and gained 7.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 11.2% in the last three months.​

• In the last 30 days, four analysts revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 10 "hold" and 3 "sell" or "strong sell."

• The average consensus recommendation for the investment management & fund operators peer group is also "hold"

Wall Street's median 12-month price target for Northern Trust Corp is $88.00

This summary was machine generated from LSEG data July 17 at 02:22 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)