Benzinga | Dec 1, 2021 07:12AM EST

Recap: Royal Bank of Canada Q4 Earnings



Royal Bank of Canada (NYSE:RY) reported its Q4 earnings results on Wednesday, December 1, 2021 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Royal Bank of Canada missed estimated earnings by 3.62%, reporting an EPS of $2.13 versus an estimate of $2.21, which did not surprise analysts.

Revenue was up $1,462,000,000.00 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.83, which was followed by a 1.2% drop in the share price the next day.

Here's a look at Royal Bank of Canada's past performance:



Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 1.61 1.61 1.61 1.61EPS Actual 2.44 2.19 2.04 1.69Revenue Estimate 8.05B 8.05B 8.05B 8.05BRevenue Actual 10.36B 9.22B 9.93B 8.39B

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.