Investing.com - Northern Trust reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Northern Trust announced earnings per share of $1.32 on revenue of $1.49B. Analysts polled by Investing.com anticipated EPS of $1.38 on revenue of $1.47B.
Northern Trust shares are down 19% from the beginning of the year and are trading at $85.71 , down-from-52-week-high.They are under-performing the S&P 500 which is up 6.57% year to date.
Northern Trust shares lost 0.06% in pre-market trade the report.
Northern Trust follows other major Financial sector earnings this month
Northern Trust's report follows an earnings beat by UnitedHealth on Wednesday, October 14, 2020, who reported EPS of $3.51 on revenue of $65.12B, compared to forecasts EPS of $3.11 on revenue of $63.79B.
JPMorgan had beat expectations on Tuesday, October 13, 2020 with third quarter EPS of $2.92 on revenue of $29.94B, compared to forecast for EPS of $2.23 on revenue of $28.22B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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