Investing.com - Northern Trust reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Northern Trust announced earnings per share of $1.7 on revenue of $1.59B. Analysts polled by Investing.com anticipated EPS of $1.49 on revenue of $1.54B.
Northern Trust shares are up 14% from the beginning of the year and are trading at $106.23 , down-from-52-week-high.They are outperforming the S&P 500 which is up 10.84% year to date.
Northern Trust follows other major Financial sector earnings this month
Northern Trust's report follows an earnings beat by JPMorgan on Wednesday, April 14, 2021, who reported EPS of $4.5 on revenue of $33.12B, compared to forecasts EPS of $3.1 on revenue of $30.49B.
UnitedHealth had beat expectations on Thursday with first quarter EPS of $5.31 on revenue of $70.2B, compared to forecast for EPS of $4.39 on revenue of $69.07B.
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