TSX:BMO - Post Discussion
Post by
zack50 on Mar 03, 2022 12:23pm
Love this stock... just keeps getting better and better!
| First quarter 2022 earnings: EPS and revenues exceed analyst expectations |
First quarter 2022 results: - EPS: CA$4.44 (up from CA$3.03 in 1Q 2021).
- Revenue: CA$7.82b (up 15% from 1Q 2021).
- Net income: CA$2.93b (up 50% from 1Q 2021).
- Profit margin: 38% (up from 29% in 1Q 2021).
Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates by 37%. Over the next year, revenue is forecast to grow 2.4%, compared to a 2.2% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year. |
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