Analysts See $1.64 EPS for Royal Bank of Canada (RY)

May 7, 2018 - By Michael Collier

Analysts expect Royal Bank of Canada (NYSE:RY) to report $1.64 EPS on May, 24.They anticipate $0.22 EPS change or 15.49 % from last quarter’s $1.42 EPS. RY’s profit would be $2.38B giving it 11.61 P/E if the $1.64 EPS is correct. After having $1.72 EPS previously, Royal Bank of Canada’s analysts see -4.65 % EPS growth. The stock increased 0.28% or $0.21 during the last trading session, reaching $76.13. About 573,026 shares traded. Royal Bank of Canada (NYSE:RY) has risen 5.90% since May 7, 2017 and is uptrending. It has underperformed by 5.65% the S&P500.

Royal Bank of Canada, together with its subsidiaries, operates as a diversified financial service firm worldwide. The company has market cap of $110.27 billion. The company's Personal & Commercial Banking segment offers personal and business banking services, as well as auto financing and retail investment products. It has a 12.84 P/E ratio. This segment also provides a suite of financial services and products to individual, business clients, and public institutions through its branch, automated teller machines, online, mobile, and telephone banking networks, as well as through sales professionals.

More news for Royal Bank of Canada (NYSE:RY) were recently published by: Fool.ca, which released: “Do Your Portfolio a Favour and Buy This AI-Leveraging Dividend Stock Right Now” on May 05, 2018. Fool.ca‘s article titled: “Toronto-Dominion Bank or Royal Bank of Canada: Which Top Dividend Stock Is a TFSA Buy?” and published on May 04, 2018 is yet another important article.

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