Bank of Montreal expected to post earnings of C$3.07 a share - Earnings Preview

Follow us on Google News:
 Bank of Montreal expected to post earnings of C$3.07 a share - Earnings Preview
Image source: ©2022 Kalkine Media®

* Bank of Montreal is expected to show a rise in quarterly revenue when it reports results on December 1. * The Toronto Ontario-based company is expected to report a 10.3% increase in revenue to C$6.988 billion from C$6.33 billion a year ago, according to the mean estimate from 6 analysts, based on Refinitiv data. * ​Refinitiv's mean analyst estimate for Bank of Montreal is for earnings of C$3.07 per share. * The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." * The mean earnings estimate of analysts was unchanged in the last three months. ​ * Wall Street's median 12-month price target for Bank of Montreal is C$148​, above​ its last closing price of C$130.03. ​​​ Previous quarterly performance (using preferred earnings measure in Canadian dollars). ​ QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI ENDING ARTESTIMAT IBES MET, SE % E® ESTIMATE MISSED Jul. 31 2022 3.15 3.14 3.09 Missed -1.5 Apr. 30 2022 3.23 3.21 3.23 Beat 0.7 Jan. 31 2022 3.30 3.28 3.89 Beat 18.6​ Oct. 31 2021 3.24 3.21 3.33 Beat 3.7 ​​Jul. 2.96 2.94 3.44 Beat 17.2 31 2021 Apr. 30 2021 2.76 2.77 3.13 Beat 13.1​ Jan. 31 2021 2.15 2.15 3.06 Beat 42.2 Oct. 31 2020 1.90 1.90 2.41 Beat 26.6 This summary was machine generated November 29 at 11:07 GMT. All figures in Canadian dollars unless otherwise stated.


Disclaimer

The above content is directly sourced from Reuters under a contractual arrangement. The content is being provided as a convenience and for informational purposes only; and does not constitute an endorsement or approval by Kalkine Media of any of the products, services, or opinions of the organization or individual. The user is apprised that Kalkine Media bears no responsibility for the accuracy, legality, or content of Reuters, any external sites, or for that of subsequent links. The user is requested to contact Reuters directly for answers to questions regarding the content. Please note that Kalkine Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Featured Articles

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK