Northern Trust Corp. Bottom Line Advances 5% In Q1

(RTTNews) - Northern Trust Corp. (NTRS) announced earnings for its first quarter that gained ground from last year.

The company said its bottom line rose to $241.8 million, or $1.01 per share. This was higher than $230.7 million, or $0.94 per share, in last year's first quarter.

Analysts had expected the company to earn $0.95 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.3% to $1.19 billion. This was up from $1.13 billion last year.

Northern Trust Corp. earnings at a glance:

-Earnings (Q1): $241.8 Mln. vs. $230.7 Mln. last year. -Earnings Growth (Y-o-Y): 4.8% -EPS (Q1): $1.01 vs. $0.94 last year. -EPS Growth (Y-o-Y): 7.4% -Analysts Estimate: $0.95 -Revenue (Q1): $1.19 Bln vs. $1.13 Bln last year. -Revenue Change (Y-o-Y): 5.3%