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Friday, February 22, 2019

=Royal Bank of Canada (RY) reported earnings on Fri 22 Feb 19 (b/o)

Royal Bank of Canada misses by CAD 0.05
  • Reports Q1 (Jan) earnings of CAD 2.15 per share, CAD $0.05 worse than the S&P Capital IQ Consensus of CAD 2.20.
  • Challenging market conditions impacted several business segments in the first quarter of 2019 contributing to results being flat in Wealth Management and lower results in Capital Markets and Investor & Treasury Services. Our results also reflect an increase due to foreign exchange translation and the write-down of net deferred tax assets in the prior year related to the U.S. Tax Reform.

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