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 $1.77 on revenue of $1.72B. Analysts polled by Investing.com anticipated EPS of $1.65 on revenue of $1.69B.
Northern Trust shares are down 11% from the beginning of the year and are trading at $105.76 , down-from-52-week-high.They are outperforming the Nasdaq which is down 16.88% year to date.
Northern Trust follows other major Financial sector earnings this month
Northern Trust's report follows an earnings missed by JPMorgan on Wednesday, April 13, 2022, who reported EPS of $2.63 on revenue of $30.72B, compared to forecasts EPS of $2.7 on revenue of $30.66B.
Bank of America had beat expectations on Monday, April 18, 2022 with first quarter EPS of $0.8 on revenue of $23.23B, compared to forecast for EPS of $0.7495 on revenue of $23.13B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar