Northern Trust Corp. Q2 Profit Rises

(RTTNews) - Northern Trust Corp. (NTRS) released earnings for its second quarter that rose from the same period last year.

The company's profit totaled $363.4 million, or $1.72 per share. This compares with $308.5 million, or $1.46 per share, in last year's second quarter.

Analysts had expected the company to earn $1.72 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.6% to $1.58 billion from $1.51 billion last year.

Northern Trust Corp. earnings at a glance:

-Earnings (Q2): $363.4 Mln. vs. $308.5 Mln. last year. -EPS (Q2): $1.72 vs. $1.46 last year. -Analysts Estimate: $1.72 -Revenue (Q2): $1.58 Bln vs. $1.51 Bln last year.