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Royal Bank of Canada (NYSE:RY) reported its Q1 earnings results on Wednesday, February 28, 2024 at 06:00 AM.
Here's what investors need to know about the announcement.
Royal Bank of Canada beat estimated earnings by 2.0%, reporting an EPS of $2.094 versus an estimate of $2.06.
Revenue was down $1.29 billion from the same period last year.
Last quarter the company beat on EPS by $0.14 which was followed by a 1.0% increase in the share price the next day.
Here's a look at Royal Bank of Canada's past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.93 | 1.99 | 2.05 | 2.16 |
| EPS Actual | 2.07 | 2.11 | 1.96 | 2.26 |
| Revenue Estimate | 9.57B | 9.70B | 9.64B | 9.84B |
| Revenue Actual | 9.71B | 10.79B | 9.98B | 11.20B |
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.
Posted In: RY
