Royal Bank of Canada Q2 Adj EPS $2.17 Beats $2.02 Estimate, Sales $10.50B Beat $9.90B Estimate
Portfolio Pulse from Benzinga Newsdesk
Royal Bank of Canada (NYSE:RY) reported Q2 adjusted earnings per share (EPS) of $2.17, beating the analyst estimate of $2.02. The company also reported sales of $10.50 billion, surpassing the $9.90 billion estimate. Both EPS and sales showed significant year-over-year growth.
May 30, 2024 | 10:02 am
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Royal Bank of Canada (NYSE:RY) reported Q2 adjusted EPS of $2.17, beating the analyst estimate of $2.02. The company also reported sales of $10.50 billion, surpassing the $9.90 billion estimate. Both EPS and sales showed significant year-over-year growth.
The better-than-expected earnings and sales figures, along with significant year-over-year growth, are likely to positively impact the stock price of Royal Bank of Canada in the short term.
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