On Wednesday, July 21, Northern Trust (NASDAQ:NTRS) will release its latest earnings report. Benzinga's outlook for Northern Trust is included in the following report.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Northern Trust earnings will be near $1.72 per share on sales of $1.58 billion, according to analysts. Northern Trust reported a per-share profit of $1.46 when it published results during the same quarter last year. Sales in that period totaled $1.51 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

The analyst consensus estimate would represent a 17.81% increase in the company's EPS figure. Revenue would be up 4.91% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are up 44.55%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.