Northern Trust Corp. Earnings Climb In Q3

(RTTNews) - Northern Trust Corp. (NTRS) announced a profit for its third quarter that advanced from last year.

The company's bottom line totaled $374.5 million, or $1.58 per share. This compares with $298.4 million, or $1.20 per share, in last year's third quarter.

Analysts had expected the company to earn $1.61 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.9% to $1.47 billion from $1.35 billion last year.

Northern Trust Corp. earnings at a glance:

-Earnings (Q3): $374.5 Mln. vs. $298.4 Mln. last year. -EPS (Q3): $1.58 vs. $1.20 last year. -Analysts Estimate: $1.61 -Revenue (Q3): $1.47 Bln vs. $1.35 Bln last year.