Erste Group Bank Downgrades Royal Bank of Canada Earnings Forecast
Erste Group Bank analysts have downgraded their earnings per share (EPS) forecast for Royal Bank of Canada's FY2026. The current estimate is $16.37, a decrease from their previous forecast of $17.84.
This reduction comes as part of a broader trend in which several firms have revised their estimates downward. Erste Group Bank analysts also provided an updated EPS forecast for FY2027 at $17.82.
Other recent updates to Royal Bank of Canada's stock include price objective revisions from various firms such as Keefe, Bruyette & Woods and TD.