Royal Bank of Canada RY reported its Q2 earnings results on Thursday, May 25, 2023 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Royal Bank of Canada missed estimated earnings by 4.39%, reporting an EPS of $1.96 versus an estimate of $2.05.
Revenue was up $1.13 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 1.92% increase in the share price the next day.
Here's a look at Royal Bank of Canada's past performance:
Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
---|---|---|---|---|
EPS Estimate | 2.16 | 2.01 | 2.68 | 2.09 |
EPS Actual | 2.26 | 2.06 | 1.95 | 2.34 |
Revenue Estimate | 9.84B | 9.25B | 9.43B | 9.41B |
Revenue Actual | 11.20B | 9.45B | 9.43B | 8.86B |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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