Bank of Montreal: Q2 Earnings Insights
Portfolio Pulse from Benzinga Insights
Bank of Montreal (NYSE:BMO) reported Q2 earnings with an EPS of $2.93, beating estimates by 23.63%. Revenue was up $1.09 billion YoY. Last quarter, the company beat EPS estimates by $0.07, followed by a 1.26% increase in share price.
May 24, 2023 | 10:05 am
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Bank of Montreal's Q2 earnings beat estimates with a 23.63% higher EPS of $2.93. Revenue increased by $1.09 billion YoY. Last quarter, beating EPS estimates led to a 1.26% share price increase.
Bank of Montreal's Q2 earnings beat estimates significantly, with a 23.63% higher EPS than expected. This positive performance, combined with the fact that last quarter's earnings beat led to a 1.26% share price increase, suggests that the stock price is likely to go up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100