Comerica Q2 EPS $2.01 Beats $1.86 Estimate, Sales $924.00M Beat $902.75M Estimate
Portfolio Pulse from Benzinga Newsdesk
Comerica (NYSE:CMA) reported Q2 earnings of $2.01 per share, beating the analyst consensus estimate of $1.86 by 8.06%. This is a 4.69% increase from the same period last year. The company also reported quarterly sales of $924.00 million, beating the analyst consensus estimate of $902.75 million by 2.35%. This is an 11.46% increase from the same period last year.
July 21, 2023 | 11:11 am
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Comerica's Q2 earnings and sales exceeded analyst estimates, indicating a positive financial performance. This could potentially lead to a short-term increase in the company's stock price.
Comerica's Q2 earnings and sales have exceeded analyst estimates, which is generally seen as a positive sign of the company's financial health. This could lead to increased investor confidence, potentially driving up the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100