BMO Q1 2007 Earnings

TD Newcrest, 2 March 2007EventBMO reported Q1/07 adjusted cash operating EPS of $1.32, ahead of our estimate of $1.30, consensus of $1.29, and $1.24 reported last quarter. Year over year, cash EPS rose 6.5%, the slowest of the group so far. Two of the three operating divisions fell short of our estimates, albeit we would regard the quarter as satisfactory.ImpactNeutral. We are increasing our 2007