Comerica: Q3 Earnings Insights

Comerica: Q3 Earnings Insights

Comerica CMA reported its Q3 earnings results on Wednesday, October 19, 2022 at 06:40 AM.

Here's what investors need to know about the announcement.

Earnings

Comerica beat estimated earnings by 2.36%, reporting an EPS of $2.6 versus an estimate of $2.54.

Revenue was up $230.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14 which was followed by a 0.3% increase in the share price the next day.

Here's a look at Comerica's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.78 1.38 1.58 1.64
EPS Actual 1.92 1.37 1.66 1.90
Revenue Estimate 806.32M 724.81M 734.00M 733.77M
Revenue Actual 829.00M 700.00M 750.00M 755.00M

To track all earnings releases for Comerica visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings