Erste Group Bank Cuts RY's Earnings Forecast to $11.40 Per Share

Analysts at Erste Group Bank have downgraded their forecast for Royal Bank Of Canada's (RY) earnings per share (EPS) in fiscal year 2026. In a report issued on Monday, July 27th, they decreased their estimate from $11.53 to $11.40 per share.

This adjustment is part of a broader trend in the banking sector, where financial services providers are navigating shifting market conditions and regulatory pressures.

The current consensus estimate for RY's full-year earnings stands at $11.45 per share. Erste Group Bank also issued estimates for FY2027 earnings at $12.41 EPS.