Royal Bank Of Canada (NYSE:RY) a diversified financial service company, is reporting fourth quarter earnings results on Wednesday 2nd December 2020, before market open.
Previous Quarter Performance
Royal Bank Of Canada announced income for the third quarter of $ 1.59 per share, from the revenue of $ 9,319.00 million. According to street consensus, RY was expected to report 3Q20 income of $ 1.61 per share from revenue of $ 8320.00 million. The bottom line results missed street analysts by $ 0.02 or 1.24 percent, at the same time, top line results outshined analysts by $ 999.00 million or 12.01 percent.
Stock Performance
Shares of Royal Bank Of Canada traded up $ 0.68 or 0.83 percent on Tuesday, reaching $ 82.66 with volume of 617.70 thousand shares. Royal Bank Of Canada has traded high as $ 83.40 and has cracked $ 82.64 on the downward trend
According to the previous trading day, closing price of $ 82.66, representing a 65.45 % increase from the 52 week low of $ 49.55 and a 1.87 % decrease over the 52 week high of $ 83.54.
The company has a market capital of $ 117.13 billion and is part of the Financial Services sector and Banks – Global industry.
Conference Call
Royal Bank Of Canada will be hosting a conference call at 8:00 AM eastern time on 2nd December 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, 866-696-5910 Toll Free or 416-340-2217 Outside U.S., with passcode : 9602843 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.rbc.com
Royal Bank of Canada operates as a diversified financial service company worldwide. The companys Personal & Commercial Banking segment offers check and savings accounts; home equity and auto financing, personal lending, private banking, mutual fund, self-directed brokerage account, and guaranteed investment certificate services; and credit cards, and payment products and solutions for individuals. It also provides lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, and trade products and services to small and medium-sized commercial businesses.
