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 15.3% increase in revenue to C$15.55 billion from C$13.49 billion a year ago, according to the mean estimate from 7 analysts, based on LSEG data.
LSEG's mean analyst estimate for Royal Bank of Canada is for earnings of C$3.26 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 3 "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$189.00, above its last closing price of C$169.14.
Previous quarterly performance (using preferred earnings measure in Canadian dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Oct. 31 2024 | 3.01 | 3.01 | 3.07 | Beat | 2.1 |
Jul. 31 2024 | 2.96 | 2.97 | 3.26 | Beat | 9.9 |
Apr. 30 2024 | 2.74 | 2.75 | 2.92 | Beat | 6.1 |
Jan. 31 2024 | 2.82 | 2.80 | 2.85 | Beat | 1.7 |
Oct. 31 2023 | 2.62 | 2.62 | 2.78 | Beat | 6 |
Jul. 31 2023 | 2.70 | 2.71 | 2.84 | Beat | 4.9 |
Apr. 30 2023 | 2.79 | 2.79 | 2.65 | Missed | -4.9 |
Jan. 31 2023 | 2.93 | 2.94 | 3.10 | Beat | 5.5 |
This summary was machine generated February 25 at 14:11 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)