Royal Bank (RY) Beats Q1 Earnings and Revenue Estimates

Royal Bank (RY) came out with quarterly earnings of $2.94 per share, beating the Zacks Consensus Estimate of $2.81 per share. This compares to earnings of $2.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +4.63%. A quarter ago, it was expected that this bank would post earnings of $2.51 per share when it actually produced earnings of $2.76, delivering a surprise of +9.96%.Over the last four quarters, the company has surpas ...