Bank of Montreal (BMO) Misses Q2 Earnings and Revenue Estimates

Bank of Montreal (BMO) came out with quarterly earnings of $1.91 per share, missing the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $2.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.98%. A quarter ago, it was expected that this bank would post earnings of $2.24 per share when it actually produced earnings of $1.90, delivering a surprise of -15.18%.Over the last four quarters, the company ha ...