Northern Trust Corp. Bottom Line Advances 15% In Q3

(RTTNews) - Northern Trust Corp. (NTRS) announced earnings for its third quarter that increased compared to the same period last year.

The company said its bottom line advanced to $234.6 million, or $0.96 per share. This was up from $204.5 million, or $0.84 per share, in last year's third quarter.

Analysts had expected the company to earn $0.96 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.4% to $1.16 billion. This was up from $1.08 billion last year.

Northern Trust Corp. earnings at a glance:

-Earnings (Q3): $234.6 Mln. vs. $204.5 Mln. last year. -Earnings Growth (Y-o-Y): 14.7% -EPS (Q3): $0.96 vs. $0.84 last year. -EPS Growth (Y-o-Y): 14.3% -Analysts Estimate: $0.96 -Revenue (Q3): $1.16 Bln vs. $1.08 Bln last year. -Revenue Change (Y-o-Y): 7.4%