Bank of Montreal Q2 2024 Adj EPS C$2.59 Misses C$2.77 Estimate, Sales C$7.988B Miss C$8.046B Estimate

Bank of Montreal (NYSE:BMO) reported quarterly earnings of C$2.59 per share which missed the analyst consensus estimate of C$2.77 by 6.5 percent. This is a 10.38 percent decrease over earnings of C$2.89 per share from the same period last year. The company reported quarterly sales of C$7.988 billion which missed the analyst consensus estimate of C$8.046 billion by 0.72 percent. This is a 2.82 percent increase over sales of C$7.769 billion the same period last year.