$1.79 EPS Expected for Bank of Montreal (BMO)

August 13, 2018 - By Joseph Norton

Bank of Montreal (NYSE:BMO) Logo

Analysts expect Bank of Montreal (NYSE:BMO) to report $1.79 EPS on August, 28 before the open.They anticipate $0.26 EPS change or 16.99 % from last quarter’s $1.53 EPS. BMO’s profit would be $1.16B giving it 11.01 P/E if the $1.79 EPS is correct. After having $1.74 EPS previously, Bank of Montreal’s analysts see 2.87 % EPS growth. The stock decreased 1.30% or $1.04 during the last trading session, reaching $78.83. About 557,821 shares traded or 84.48% up from the average. Bank of Montreal (NYSE:BMO) has risen 15.71% since August 13, 2017 and is uptrending. It has outperformed by 3.14% the S&P500.

Bank of Montreal (NYSE:BMO) Ratings Coverage

Among 2 analysts covering Bank Of Montreal Common Stock (NYSE:BMO), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Bank Of Montreal Common Stock had 2 analyst reports since February 15, 2018 according to SRatingsIntel. On Wednesday, July 18 the stock rating was upgraded by RBC Capital Markets to “Outperform”. The firm earned “Outperform” rating on Thursday, February 15 by Macquarie Research.

Bank of Montreal provides diversified financial services primarily in North America. The company has market cap of $50.89 billion. It operates through three groups: Personal and Commercial Banking, Wealth Management, and BMO Capital Markets. It has a 14.66 P/E ratio. The company's personal banking services and products include checking and savings accounts, credit cards, mortgages, creditor insurance products, and financial and investment advice services; and commercial banking services and products comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, and specialized banking programs for small business and commercial banking customers.

More important recent Bank of Montreal (NYSE:BMO) news were published by: Seekingalpha.com which released: “Moody’s upgrades Canadian banks’ long-term ratings on methodology update” on July 17, 2018, also Benzinga.com published article titled: “Bank Of Montreal Will Outperform Peers, RBC Capital Markets Says In Upgrade”, Seekingalpha.com published: “National Bank Of Canada: The Underrated Canadian Bank” on July 30, 2018. More interesting news about Bank of Montreal (NYSE:BMO) was released by: 247Wallst.com and their article: “Top Analyst Upgrades and Downgrades: Avon, Broadcom, CDW, CSX, Goldman Sachs, Starbucks, Twitter, Under …” with publication date: July 18, 2018.

Bank of Montreal (NYSE:BMO) Ratings Chart

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