Northern Trust Corp. Q3 Profit Beats Estimates

(RTTNews) - Northern Trust Corp. (NTRS) released earnings for third quarter that beat the Street estimates.

The company's earnings came in at $437.2 million, or $2.29 per share. This compares with $445.0 million, or $2.22 per share, last year.

Analysts on average had expected the company to earn $2.24 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 2.8% to $2.030 billion from $1.975 billion last year.

Northern Trust Corp. earnings at a glance (GAAP) :

-Earnings: $437.2 Mln. vs. $445.0 Mln. last year. -EPS: $2.29 vs. $2.22 last year. -Revenue: $2.030 Bln vs. $1.975 Bln last year.