3 Stocks Energizing Investors After Earnings
Royal Bank of Canada (NYSE:RY) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 11.45% to $1.46 in the quarter versus EPS of $1.31 in the year-earlier quarter. Revenue Decreased 26.18% to $7.22 billion from the year-earlier quarter.
Royal Bank of Canada reported adjusted EPS income of $1.46 per share. By that measure, the company beat the mean analyst estimate of $1.38. It missed the average revenue estimate of $7.93 billion.