Bank Of Montreal Earnings Preview: Can This Streak Continue?

Bank Of Montreal (NYSE:BMO) will report earnings before markets open on Wednesday, May 29th. Bank of Montreal, doing business as BMO Financial Group, is a Canadian chartered bank which operates throughout the world. The Bank offers commercial, corporate, governmental, international, personal banking, and trust services. Bank of Montreal also offers full brokerage, underwriting, investment, and advisory services.

Here is your Cheat Sheet to Bank Of Montreal Earnings:

Earnings Expectations: Analysts expect earnings of $1.50 per share on revenues of $3.97 billion. Currently, the company’s P/E ratio stands at 9.88.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.53 to a profit $1.55. For the current year, the average estimate is a profit of $6.08, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Bank Of Montreal has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 19,739 13,795 14,889 17,802 20,877
Diluted EPS ($) 3.65 2.87 4.72 5.18 6.19

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Apr. 30, 2012 Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013
Revenue ($) in millions 5,036.55 5,149.92 5,481.26 5,120.26
Diluted EPS ($) 1.49 1.44 1.60 1.49

Past Performance:
Bank Of Montreal has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]