Recap: Royal Bank of Canada Q1 Earnings

Royal Bank of Canada RY reported its Q1 earnings results on Wednesday, February 28, 2024 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Royal Bank of Canada beat estimated earnings by 2.0%, reporting an EPS of $2.094 versus an estimate of $2.06.

Revenue was down $1.29 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14 which was followed by a 1.0% increase in the share price the next day.

Here's a look at Royal Bank of Canada's past performance:

To track all earnings releases for Royal Bank of Canada visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.