Royal Bank of Canada Q2 Adj. EPS $1.96 Misses $2.05 Estimate
Portfolio Pulse from Benzinga Newsdesk
Royal Bank of Canada (NYSE:RY) reported Q2 earnings of $1.96 per share, missing the analyst consensus estimate of $2.05 by 4.39% and marking a 16.24% decrease YoY.
May 25, 2023 | 10:01 am
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Royal Bank of Canada's Q2 earnings missed estimates by 4.39% and decreased 16.24% YoY.
Royal Bank of Canada's Q2 earnings missed analyst consensus estimates by 4.39% and experienced a 16.24% decrease compared to the same period last year. This negative performance may lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100