Bank of Montreal: Q2 Earnings Insights - Bank of Montreal (NYSE:BMO)

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.

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.

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.