Nomura Securities Bumps PT on Northern Trust (NTRS) Post Q1

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Northern Trust Corp (NTRS) Misses Q1 EPS by 5c, Sales Light

April 16, 2013 7:32 AM EDT

Northern Trust Corp (NASDAQ: NTRS) reported Q1 EPS of $0.67, $0.05 worse than the analyst estimate of $0.72. Revenues were $976.4 million, versus the consensus of $999.81 million.

Net income was $164.0 million in the current quarter, up 2% from $161.2 million in the prior year first quarter, and down 2%... More