Thursday, August 24, 2006

Analysts Shrug at BMO Results

Financial Post, Duncan Mavin, 24 August 2006Canada's big bank analysts are not an easy bunch to impress, as Bank of Montreal found out this week.BMO delivered record-busting third-quarter net income on Tuesday, up 30% from a year ago to $710-million. The bank beat the street with cash earnings per share of $1.30, more than 9% above consensus estimates of $1.20 per share.Yet the analysts hardly

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