Royal Bank of Canada <RY.TO> expected to post earnings of C$3.17 a share - Earnings Preview
Royal Bank of Canada RY.TO is expected to show a rise in quarterly revenue when it reports results on May 29 for the period ending April 30 2025
The Toronto Ontario-based company is expected to report a 11.0% increase in revenue to C$15.707 billion from C$14.15 billion a year ago, according to the mean estimate from 6 analysts, based on LSEG data.
LSEG's mean analyst estimate for Royal Bank of Canada is for earnings of C$3.17 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "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$188.00, above its last closing price of $128.43.
Previous quarterly performance (using preferred earnings measure in Canadian dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jan. 31 2025 | 3.25 | 3.25 | 3.62 | Beat | 11.4 |
Oct. 31 2025 | 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 |
This summary was machine generated May 27 at 12:36 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)
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