Investing.com - Bank of Montreal (TSX:BMO) reported second quarter earnings that missed analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of 3.23 on revenue of 10.13B. Analysts polled by Investing.com anticipated EPS of 3.24 on revenue of 6.65B. .
Bank of Montreal shares gained 0.21% to trade at 133.33 in intra-day trade following the report.
For the year, Bank of Montreal shares are up 23.72%, outperforming the Nifty 50 which is down 7.65% year to date.
Bank of Montreal follows other major Financial sector earnings this month
On Wednesday, Bank of Nova Scotia reported second quarter EPS of 2.18 on revenue of 7.94B, compared to forecasts of EPS of 1.98 on revenue of 7.85B.
Brookfield Asset Management earnings beat analyst's expectations on Thursday, May 12, 2022, with first quarter EPS of 0.81 on revenue of 21.88B. Investing.com analysts expected EPS of 0.6948 on revenue of 1.19B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar