Royal Bank of Canada ($RY) Reports Q3 2024 Earnings This Wednesday

Don’t miss out on the highly anticipated third quarter financial results of Royal Bank of Canada Royal Bank of Canada (NYSE: RY) set to be unveiled on Wednesday 28th August 2024. Be prepared to seize this valuable opportunity to analyze the company’s financial performance before market open.

In accordance with the forecasts of financial specialists on Wall Street, the firm is primed to announce an anticipated $2.17 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $10.61billion for this particular period.

Projections for the company’s annual performance have been shared by Wall Street analysts, with an estimated total revenue of $41.21billion. Furthermore, they are predicting profit of $8.48 per share for the full year.

Looking back at the corresponding quarter from the previous year, the company’s earnings report revealed a per-share income of $2.11. This notable figure was attributed to the company’s total revenue, which settled at an impressive $10.79 billion during that specific quarter.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Q2 2024 $2.15 +9.7% 10.43 B +4.5%
Q1 2024 $2.09 -7.5% 9.91 B -11.5%
Q4 2023 $2.07 +0.5% 9.71 B +2.8%
Q3 2023 $2.11 +8.2% 10.79 B +14.4%

 

*Growth on year-over-year basis

The business has scheduled a conference call on 28th August 2024 at 08:30 AM eastern time to discuss Q3 financial results.

Royal Bank of Canada (RY) closed Friday’s regular trading session at $115.52, showing a 1.92 percent advance. The stock fluctuated between $113.91 and $116.53 during the day, with a volume of 995.30 thousand shares.

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