Bank of Montreal Q2 Adj. EPS $2.17 Misses $2.37 Estimate, Sales $6.24B Beat $6.00B Estimate
Portfolio Pulse from Benzinga Newsdesk
Bank of Montreal (NYSE:BMO) reported Q2 earnings of $2.93 per share, beating the $2.37 estimate by 23.63%. Quarterly sales were $8.44 billion, surpassing the $6.00 billion estimate by 40.67%. Both earnings and sales increased compared to the same period last year.
May 24, 2023 | 10:03 am
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Bank of Montreal's Q2 earnings and sales beat estimates, with a 23.63% higher EPS and 40.67% higher sales than expected.
Bank of Montreal's Q2 earnings and sales significantly exceeded analyst estimates, with a 23.63% higher EPS and 40.67% higher sales. This strong performance indicates a positive outlook for the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100