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Royal Bank of Canada: Q4 Earnings Insights

·1 min read

 

Shares of Royal Bank of Canada (NYSE:RY) were flat in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 2.42% over the past year to $1.69, which beat the estimate of $1.61.

Revenue of $8,389,000,000 declined by 2.27% year over year, which beat the estimate of $8,050,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

View more earnings on RY

Royal Bank of Canada hasn't issued any revenue guidance for the time being.

Price Action

Company's 52-week high was at $83.54

52-week low: $49.55

Price action over last quarter: Up 6.56%

Company Description

Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.

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