BMO Stock Decline Linked to Q3 Earnings Miss and Increased Credit Provisions

Reported about 1 month ago

BMO Financial Group reported a disappointing earnings performance for the fiscal third quarter, leading to a decline in its stock price. Increased year-over-year credit loss provisions have prompted analysts from Jefferies to downgrade the stock to Hold. Analysts Josh Lipton and Seana Smith discuss the implications of these results.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis