Investors Ride 3 Earnings Rollercoaster Rides

  Google+ | + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Royal Bank of Canada (NYSE:RY) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 12.17% to $1.29 in the quarter versus EPS of $1.15 in the year-earlier quarter. Revenue Decreased 15.23% to $7.77 billion from the year-earlier quarter.

Royal Bank of Canada reported adjusted EPS income of $1.29 per share. By that measure, the company missed the mean analyst estimate of $1.3. It missed the average revenue estimate of $7.87 billion.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

RY

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business