Bank of Montreal BMO reported its Q2 earnings results on Wednesday, May 24, 2023 at 05:30 AM.
Here's what investors need to know about the announcement.
Earnings
Bank of Montreal beat estimated earnings by 23.63%, reporting an EPS of $2.93 versus an estimate of $2.37.
Revenue was up $1.09 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 1.26% increase in the share price the next day.
Here's a look at Bank of Montreal's past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 2.330 | 2.27 | 2.39 | 2.50 |
| EPS Actual | 2.397 | 2.29 | 2.40 | 2.55 |
| Revenue Estimate | 5.35B | 5.18B | 5.22B | 5.14B |
| Revenue Actual | 4.82B | 7.95B | 4.74B | 7.35B |
To track all earnings releases for Bank of Montreal visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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