Investing.com - Bank of Montreal reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of 3.13 on revenue of 6.36B. Analysts polled by Investing.com expected EPS of 2.66 on revenue of 6.17B. .
Bank of Montreal shares gained 0.27% to trade at 123.93 in intra-day trade following the report.
For the year, Bank of Montreal shares are up 15%, outperforming the RTSI which is up 14.48% year to date.
Bank of Montreal follows other major Financial sector earnings this month
On Wednesday, May 5, 2021, Franco-Nevada reported first quarter EPS of 0.84 on revenue of 308.9M, compared to forecasts of EPS of 0.7987 on revenue of 305.95M.
Intact Financial earnings beat analyst's expectations on Tuesday, May 11, 2021, with first quarter EPS of 2.4 on revenue of 2.52B. Investing.com analysts expected EPS of 2.16 on revenue of 2.67B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar