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Recap: National Bank of Canada Q1 Earnings

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Recap: National Bank of Canada Q1 Earnings

National Bank of Canada (OTC:NTIOF) reported its Q1 earnings results on Wednesday, February 28, 2024 at 06:30 AM.

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

Earnings

National Bank of Canada beat estimated earnings by 9.0%, reporting an EPS of $1.9 versus an estimate of $1.75.

Revenue was up $75.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 6.0% increase in the share price the next day.

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

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 1.66 1.75 1.78 1.75
EPS Actual 1.69 1.66 1.76 1.90
Revenue Estimate 1.94B 1.94B 1.95B 1.91B
Revenue Actual 1.93B 1.88B 1.83B 1.92B

To track all earnings releases for National Bank of Canada visit their earnings calendar here.

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

 

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Posted-In: BZI-RecapsEarnings