EPS for Royal Bank of Canada (RY) Expected At $1.90

November 14, 2017 - By Maria Brooks

 EPS for Royal Bank of Canada (RY) Expected At $1.90

Investors wait Royal Bank of Canada (TSE:RY) to report on November, 29 before the open. its quarterly earnings Wall Street analysts expect $1.90 EPS, up $0.21 or 12.43 % from last year’s $1.69 same quarter earnings. This translates into $2.78B profit for T_RY giving the stock a 13.15 P/E. This is assuming the current $1.90 EPS is accurate. Royal Bank of Canada’s Wall Street analysts see 0.53 % EPS growth, taking into account the $1.89 EPS reproted in the previous quarter, The stock decreased 0.10% or $0.1 on November 14, reaching $99.94. About 1.37M shares traded. Royal Bank of Canada (TSE:RY) has 0.00% since November 15, 2016 and is . It has underperformed by 16.70% the S&P500.

Royal Bank of Canada (TSE:RY) Ratings Coverage

Among 8 analysts covering RBC (TSE:RY), 2 have Buy rating, 1 Sell and 5 Hold. Therefore 25% are positive. RBC had 52 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Royal Bank of Canada (TSE:RY) has “Neutral” rating given on Wednesday, September 21 by Dundee Securities. As per Tuesday, November 1, the company rating was initiated by Bank of America. The rating was maintained by National Bank Canada with “Sector Perform” on Tuesday, August 4. The firm has “Market Perform” rating given on Monday, February 27 by IBC. The firm has “Outperform” rating by IBC given on Monday, August 17. TD Securities maintained Royal Bank of Canada (TSE:RY) rating on Thursday, December 1. TD Securities has “Buy” rating and $96 target. The stock of Royal Bank of Canada (TSE:RY) has “Buy” rating given on Tuesday, August 25 by Desjardins Securities. The firm has “Outperform” rating by Scotia Capital given on Thursday, August 27. The company was maintained on Monday, February 27 by TD Securities. As per Friday, May 26, the company rating was maintained by National Bank Canada.

Royal Bank of Canada , is a diversified financial services company. The company has market cap of $146.46 billion. The Firm provides personal and commercial banking, wealth management services, insurance, investor services and capital markets services and products on a global basis. It has a 13.65 P/E ratio. The Firm serves personal, business, public sector and institutional clients in Canada, the United States and approximately 40 other countries.

More notable recent Royal Bank of Canada (TSE:RY) news were published by: Cnbc.com which released: “Bitcoin ‘doesn’t solve a main need in society right now,’ says Royal Bank of …” on October 23, 2017, also Business.Financialpost.com with their article: “Royal Bank of Canada shares join the $100 club, despite splitting four times” published on October 18, 2017, Reuters.com published: “MOVES-Eaton Vance, Royal Bank of Canada” on October 26, 2017. More interesting news about Royal Bank of Canada (TSE:RY) were released by: Nasdaq.com and their article: “Royal Bank of Canada Named Top 25 Dividend Stock With 3.60% Yield (RY)” published on November 08, 2017 as well as Cbc.ca‘s news article titled: “Royal Canadian Mint-stamped gold wafer appears to be fake” with publication date: October 30, 2017.

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