Canadian Imperial Bank Q2 Adj EPS $1.26 Beats $1.21 Estimate, Sales $4.217B Miss $4.22B Estimate
Portfolio Pulse from Benzinga Newsdesk
Canadian Imperial Bank (NYSE:CM) reported Q2 adjusted earnings of $1.26 per share, beating the $1.21 estimate, but sales of $4.217 billion missed the $4.22 billion estimate.
May 25, 2023 | 9:27 am
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Canadian Imperial Bank's Q2 adjusted EPS of $1.26 beat estimates, while sales of $4.217 billion missed estimates.
Canadian Imperial Bank's Q2 earnings beat estimates, but sales missed. This mixed result may not have a significant short-term impact on the stock price, as the earnings beat may offset the sales miss.
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