Investing.com - Bank of Montreal reported third quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of C$3.44 on revenue of C$6.58B. Analysts polled by Investing.com forecast EPS of C$2.93 on revenue of C$6.24B. .
Bank of Montreal shares gained 1.38% to trade at C$130.50 in intra-day trade following the report.
For the year, Bank of Montreal shares are up 34.84%, outperforming the S&P/TSX which is up 17.81% year to date.
Bank of Montreal follows other major Financial sector earnings this month
On Tuesday, Bank of Nova Scotia reported third quarter EPS of C$2.01 on revenue of C$7.76B, compared to forecasts of EPS of C$1.9 on revenue of C$7.82B.
Great West Lifeco Pref F earnings beat analyst's expectations on Tuesday, August 3, 2021, with second quarter EPS of C$0.84 on revenue of C$13.47B. Investing.com analysts expected EPS of C$0.79 on revenue of C$901.33M
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