The third quarter financial results of Bank of Montreal (NYSE: BMO) will be unveiled on Tuesday 27th August 2024. This eagerly awaited announcement is scheduled to occur before market open.
In accordance with the forecasts of financial specialists on Wall Street, the organization is primed to announce an anticipated $2.03 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $6.04 billion for this particular period.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $23.85 billion. Additionally, they are expecting the company to achieve a per share profit of $7.86 for the fiscal year 2024.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of income of $2.07. This was credited to the company's total revenue, which reached an impressive $5.90 billion in that particular timeframe.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q2 2024 | $1.91 | -12.0% | 5.88 B | -5.8% |
| Q1 2024 | $1.88 | -21.7% | 5.64 B | +17.0% |
| Q4 2023 | $2.10 | -8.3% | 6.23 B | -21.6% |
| Q3 2023 | $2.07 | -13.8% | 5.90 B | +24.5% |
*Growth on year-over-year basis
Friday's trading saw Bank of Montreal (BMO) shares hit a low of $86.97 and a high of $88.43, with a day volume of 1.20 million shares. The stock closed the regular trading session at $88.28, reflecting 1.74 percent upturn.
