A Preview Of Bank of Montreal's Earnings
Portfolio Pulse from Benzinga Insights
Bank of Montreal (NYSE:BMO) is scheduled to release its quarterly earnings report on Friday, 2023-12-01, with analysts expecting an EPS of $2.10. Investors are looking for an earnings beat and positive guidance for future growth. In the past, BMO's stock price reacted modestly to earnings reports, with a slight increase even after an EPS miss last quarter. Currently, the stock is trading at $81.01, down 18.86% over the last year, indicating a bearish sentiment among long-term shareholders.
November 30, 2023 | 2:00 pm
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Bank of Montreal is expected to report an EPS of $2.10 in its upcoming earnings. Historically, stock price reactions to earnings have been moderate, with a slight increase after an EPS miss last quarter. Long-term shareholders may be bearish due to an 18.86% decline over the past year.
The expected EPS is a key indicator for the upcoming earnings report, but the stock's reaction may be more influenced by the guidance provided. The historical data shows that the stock price has not had significant movements post-earnings, suggesting a potentially neutral short-term impact. However, the overall bearish sentiment due to the year-to-date performance could temper any positive reaction to an earnings beat.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100