Investing.com - Bank of Montreal (TSX:BMO) reported third quarter earnings that missed analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of C$3.09 on revenue of C$6.63B. Analysts polled by Investing.com anticipated EPS of C$3.15 on revenue of C$6.82B. .
Bank of Montreal shares lost 1.67% to trade at C$125.63 in intra-day trade following the report.
For the year, Bank of Montreal shares are up 31.4%, outperforming the Nasdaq which is down 22.7% year to date.
Bank of Montreal follows other major Financial sector earnings this month
On Thursday, Toronto Dominion Bank reported third quarter EPS of C$2.09 on revenue of C$11.6B, compared to forecasts of EPS of C$2.04 on revenue of C$10.88B.
Brookfield Asset Management earnings beat analyst's expectations on Thursday, August 11, 2022, with second quarter EPS of C$0.7334 on revenue of C$23.26B. Investing.com analysts expected EPS of C$0.6951 on revenue of C$1.15B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar