RBC Q4 Earnings Preview: What to Expect
RBC Q4 Earnings Preview: What to Expect
Analysts on average expect RBC to report EPS of C$2.82 in Q4 2021, indicating a growth of 26.5% from the prior-year quarter (C$2.23 per share). Royal Bank of Canada (RY), the 10th-largest bank in the world, is scheduled to report its fourth-quarter financial results on December 1 before markets open.
加拿大皇家銀行(雷利全球第十大銀行)定於12月1日市場開盤前公佈第四季財報。
Stock Performance
股票表現
Year-to-date the bank stock has jumped more than 22% and is currently trading close to C$127.86.
今年到目前為止，該銀行股票已躍升逾22%，目前交易價格接近127.86加元。
Strong earnings could drive RBC shares higher, so let's have a look at what analysts are expecting for the fourth quarter. (See Analysts' Top Stocks on TipRanks)
強勁的盈利可能會推動加拿大皇家銀行股價走高，所以讓我們來看看分析師對第四季度的預期。(參見分析師在TipRanks上排名靠前的股票)
Analyst Expectations
分析師預期
Analysts on average expect RBC to report EPS of C$2.82 in Q4 2021, indicating a growth of 26.5% from the prior-year quarter (C$2.23 per share).
分析師平均預計加拿大皇家銀行2021年第四季度每股收益為2.82加元，較上年同期增長26.5%(每股2.23加元)。
Revenue is expected to come in at C$11.98 billion, representing an increase of 8% from C$11.09 billion reported in the fourth quarter of 2020. RBC has topped EPS estimates in the past five quarters.
預計收入將達到19.8億加元，比2020年第四季度公佈的110.9億加元增長8%。加拿大皇家銀行在過去五個季度超過了每股收益預期。
Points to Watch
要注意的幾點
RBC and the other big Canadian banks are expected to increase their dividends significantly as part of their quarterly earnings release this week. Analysts say they are also watching loan growth, cost inflation, and insights about the pace of recovery.
加拿大皇家銀行(RBC)和其他加拿大大銀行預計將大幅增加股息，作為本週發佈的季度財報的一部分。分析師説，他們還在關注貸款增長、成本通脹，以及對復甦步伐的洞察。
CIBC analyst Paul Holden said in a note, "We expect cost inflation to be a major topic of conversation. Following guidance provided by the U.S. banks, we expect labour costs to increase over the next year while investments in digital platforms and technology more broadly continue to grow."
加拿大帝國商業銀行(CIBC)分析師保羅·霍爾登(Paul Holden)在一份報告中表示，“我們預計成本上漲將是一個主要話題。根據美國銀行提供的指引，我們預計明年勞動力成本將上升，而對數字平臺和更廣泛的技術的投資將繼續增長。”
Wall Street's Take
華爾街的收入
On November 30, BMO Capital analyst Sohrab Movahedi maintained a Hold rating on RY and a C$142 price target. This implies 11.3% upside potential.
11月30日，蒙特利爾銀行資本(BMO Capital)分析師Sohrab Movahedi維持對RY的持有評級和142加元的目標價。這意味着11.3%的上行潛力。
The rest of the Street is bullish on RBC with a Moderate Buy consensus rating based on four Buys and two Holds. The average Royal Bank of Canada price target of C$145.12 implies 13.7% upside potential to current levels.
華爾街其他人看好加拿大皇家銀行，基於四個買入和兩個持有的中等買入共識評級。加拿大皇家銀行145.12加元的平均目標價意味着目前水平有13.7%的上行潛力。
TipRanks' Smart Score
TipRanks的智能得分
RBC scores a 9 out of 10 on TipRanks' Smart Score rating system, indicating that the stock has strong potential to outperform the overall market.
加拿大皇家銀行在TipRanks的Smart Score評級系統上得了9分(滿分10分)，表明該股有強大的潛力跑贏整體市場。
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譯文內容由第三人軟體翻譯。
