Bank of Montreal BMO is set to give its latest quarterly earnings report on Thursday, 2024-12-05. Here's what investors need to know before the announcement.
Analysts estimate that Bank of Montreal will report an earnings per share (EPS) of $1.73.
Investors in Bank of Montreal are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Earnings Track Record
During the last quarter, the company reported an EPS missed by $0.11, leading to a 1.7% drop in the share price on the subsequent day.
Here's a look at Bank of Montreal's past performance and the resulting price change:
Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
---|---|---|---|---|
EPS Estimate | 2.04 | 2.02 | 2.23 | 2.100 |
EPS Actual | 1.93 | 1.91 | 1.88 | 2.095 |
Price Change % | -2.0% | 1.0% | -1.0% | 2.0% |
Tracking Bank of Montreal's Stock Performance
Shares of Bank of Montreal were trading at $95.29 as of December 02. Over the last 52-week period, shares are up 10.71%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Bank of Montreal visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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