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Royal Bank of Canada <RY.TO> expected to post earnings of C$3.25 a share - Earnings Preview

ReutersFeb 25, 2025 1:52 PM
  • Royal Bank of Canada RY.TO is expected to show a rise in quarterly revenue when it reports results on February 27 for the period ending January 31 2025

  • The Toronto Ontario-based company is expected to report a 14.6% increase in revenue to C$15.455 billion from C$13.49 billion a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Royal Bank of Canada is for earnings of C$3.25 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "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 Royal Bank of Canada is C$190.00​, above​ its last closing price of $118.57. ​​​

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Oct. 31 2024

2.98

2.99

3.07

Beat

2.7

Jul. 31 2024

2.94

2.95

3.26

Beat

10.4

Apr. 30 2024

2.73

2.75

2.92

Beat

6.3​

Jan. 31 2024

2.79

2.78

2.85

Beat

2.7

​​Oct. 31 2023

2.62

2.63

2.78

Beat

5.8

Jul. 31 2023

2.69

2.69

2.84

Beat

5.5​

Apr. 30 2023

2.79

2.77

2.65

Missed

-4.5

Jan. 31 2023

2.92

2.93

3.10

Beat

5.8

This summary was machine generated February 25 at 13:52 GMT. All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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