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Bank of Montreal BMO reported its Q3 earnings results on Tuesday, August 30, 2022 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Bank of Montreal beat estimated earnings by 0.42%, reporting an EPS of $2.4 versus an estimate of $2.39.
Revenue was down $1.41 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 2.05% increase in the share price the next day.
Here’s a look at Bank of Montreal’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.50 | 2.56 | 2.53 | 1.67 |
| EPS Actual | 2.55 | 3.07 | 2.65 | 2.80 |
| Revenue Estimate | 5.14B | 5.21B | 5.16B | 4.21B |
| Revenue Actual | 7.35B | 6.10B | 5.24B | 6.15B |
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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Image and article originally from www.benzinga.com. Read the original article here.