Royal Bank of Canada: Q2 Earnings Insights - Royal Bank of Canada (NYSE:RY)

Royal Bank of Canada RY reported its Q2 earnings results on Thursday, May 25, 2023 at 06:00 AM.

Here's what investors need to know about the announcement.

Royal Bank of Canada missed estimated earnings by 4.39%, reporting an EPS of $1.96 versus an estimate of $2.05.

Revenue was up $1.13 billion from the same period last year.

Last quarter the company beat on EPS by $0.1 which was followed by a 1.92% increase in the share price the next day.

Here's a look at Royal Bank of Canada's past performance:

Quarter	Q1 2023	Q4 2022	Q3 2022	Q2 2022
EPS Estimate	2.16	2.01	2.68	2.09
EPS Actual	2.26	2.06	1.95	2.34
Revenue Estimate	9.84B	9.25B	9.43B	9.41B
Revenue Actual	11.20B	9.45B	9.43B	8.86B

To track all earnings releases for Royal Bank of Canada visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.