Royal Bank of Canada (NYSE:RY) reported its Q2 earnings results on Thursday, May 26, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Royal Bank of Canada beat estimated earnings by 11.96%, reporting an EPS of $2.34 versus an estimate of $2.09.
Revenue was down $369.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.14 which was followed by a 2.8% increase in the share price the next day.
Here's a look at Royal Bank of Canada's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.14 | 2.21 | 1.61 | 1.61 |
| EPS Actual | 2.28 | 2.13 | 2.44 | 2.19 |
| Revenue Estimate | 9.50B | 9.49B | 8.05B | 8.05B |
| Revenue Actual | 10.36B | 9.85B | 10.36B | 9.22B |
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.
