Analysts are estimating that Northern Trust will report an earnings per share (EPS) of $1.74.
Anticipation surrounds Northern Trust's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Overview of Past Earnings
Last quarter the company missed EPS by $0.12, which was followed by a 0.08% increase in the share price the next day.
Here's a look at Northern Trust's past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
1.90
1.44
1.21
1.47
EPS Actual
1.78
1.70
1.46
1.49
Price Change %
0.0%
2.0%
0.0%
-1.0%
Tracking Northern Trust's Stock Performance
Shares of Northern Trust were trading at $95.76 as of October 21. Over the last 52-week period, shares are up 50.64%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analysts' Take on Northern Trust
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Northern Trust.
The consensus rating for Northern Trust is Neutral, based on 6 analyst ratings. With an average one-year price target ...
