Royal Bank of Canada-Royal Bank (RY) Q2 Earnings and Revenues Lag Estimates

Royal Bank (RY) came out with quarterly earnings of $2.20 per share, missing the Zacks Consensus Estimate of$ 2.25 per share. This compares to earnings of $2.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.22%. A quarter ago, it was expected that this bank would post earnings of$ 2.28 per share when it actually produced earnings of $2.55, delivering a surprise of 11.84%.Over the last four quarters, the company has surpas ...