Royal Bank Of Canada Q3 EPS $2.38 Beats $2.16 Estimate, Sales $10.69B Beat $10.56B Estimate
Portfolio Pulse from Benzinga Newsdesk
Royal Bank of Canada reported its Q3 earnings, with EPS of $2.38 beating the estimate of $2.16, and sales of $10.69 billion surpassing the expected $10.56 billion.
August 28, 2024 | 10:03 am
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Royal Bank of Canada reported better-than-expected Q3 earnings and sales, with EPS of $2.38 and sales of $10.69 billion, both surpassing estimates.
The better-than-expected earnings per share (EPS) and sales figures indicate strong financial performance, which is likely to positively impact the stock price in the short term. Investors often react favorably to earnings beats, suggesting a potential upward movement in RY's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100