Skip to main content

Market Overview

Recap: Royal Bank of Canada Q1 Earnings

Share:

 

Shares of Royal Bank of Canada (NYSE:RY) remained unaffected after the company reported Q1 results.

Quarterly Results

Earnings per share were up 8.51% year over year to $2.04, which beat the estimate of $1.61.

Revenue of $9,929,000,000 rose by 0.46% year over year, which beat the estimate of $8,050,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Feb 24, 2021

Time: 08:00 AM

ET Webcast URL: https://www.rbc.com/investor-relations/financial-information.html

Price Action

Company's 52-week high was at $89.69

52-week low: $49.55

Price action over last quarter: Up 8.38%

Company Description

Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.

 

Related Articles (RY)

View Comments and Join the Discussion!

Posted-In: BZI-RecapsEarnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com