Recap: Northern Trust Q2 Earnings

Shares of Northern Trust NTRS were unchanged after the company reported Q2 results.

Quarterly Results

Earnings per share fell 16.57% year over year to $1.46, which beat the estimate of $1.37.

Revenue of $1,506,000,000 decreased by 0.07% from the same period last year, which beat the estimate of $1,490,000,000.

Looking Ahead

Northern Trust hasn't issued any earnings guidance for the time being.

Northern Trust hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Jul 22, 2020

Time: 10:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/z5sd7cdc

Technicals

Company's 52-week high was at $110.48

52-week low: $60.67

Price action over last quarter: Up 4.81%

Company Overview

Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has offices in 20 states and Washington, D.C., in the U.S. and 23 locations in Canada, Europe, the Middle East, and Asia-Pacific. As of March 2020, Northern Trust had assets under custody of $10.9 trillion and assets under management of roughly $1.1 trillion.