Royal Bank of Canada (NYSE:RY) reported its Q4 earnings results on Thursday, November 30, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Royal Bank of Canada beat estimated earnings by 7.25%, reporting an EPS of $2.07 versus an estimate of $1.93.
Revenue was up $261.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12 which was followed by a 1.47% drop in the share price the next day.
Here’s a look at Royal Bank of Canada’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.99 | 2.05 | 2.16 | 2.01 |
| EPS Actual | 2.11 | 1.96 | 2.26 | 2.06 |
| Revenue Estimate | 9.70B | 9.64B | 9.84B | 9.25B |
| Revenue Actual | 10.79B | 9.98B | 11.20B | 9.45B |
To track all earnings releases for Royal Bank of Canada visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.