Northern Trust (NTRS) Set to Announce Quarterly Earnings on Wednesday
Northern Trust (NASDAQ:NTRS) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, January 24th. Analysts expect the company to announce earnings of $1.29 per share for the quarter.
Northern Trust (NASDAQ:NTRS) last issued its quarterly earnings results on Wednesday, October 18th. The asset manager reported $1.20 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.12 by $0.08. The company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.35 billion. Northern Trust had a net margin of 20.27% and a return on equity of 12.33%. Northern Trust’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same period last year, the business earned $1.11 EPS. On average, analysts expect Northern Trust to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Northern Trust (NASDAQ:NTRS) opened at $106.61 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.71 and a quick ratio of 0.71. The stock has a market cap of $24,240.00, a PE ratio of 23.53, a P/E/G ratio of 1.62 and a beta of 0.96. Northern Trust has a 12 month low of $81.92 and a 12 month high of $108.04.
In related news, Vice Chairman William L. Morrison sold 11,058 shares of the stock in a transaction dated Wednesday, October 25th. The shares were sold at an average price of $94.34, for a total transaction of $1,043,211.72. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Jana R. Schreuder sold 2,600 shares of the stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $99.02, for a total transaction of $257,452.00. The disclosure for this sale can be found here. Insiders have sold a total of 137,753 shares of company stock worth $13,433,361 over the last three months. 1.27% of the stock is currently owned by insiders.
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About Northern Trust
Northern Trust Corporation is a financial holding company. The Company provides asset servicing, fund administration, asset management, fiduciary and banking solutions for corporations, institutions, families and individuals across the world. Its segments include Corporate & Institutional Services (C&IS), Wealth Management, and Treasury and Other.
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