Commerce Bancshares Q2 EPS $1.07 Beats $0.95 Estimate, Sales $414.49M Beat $406.86M Estimate
Portfolio Pulse from Benzinga Newsdesk
Commerce Bancshares (NASDAQ:CBSH) reported Q2 earnings per share (EPS) of $1.07, beating the estimate of $0.95. The company also reported sales of $414.49 million, surpassing the $406.86 million estimate. Both EPS and sales showed year-over-year growth.
July 18, 2024 | 10:03 am
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Commerce Bancshares reported strong Q2 results with EPS of $1.07 beating estimates and sales of $414.49 million also surpassing expectations. Both metrics showed year-over-year growth.
The company's better-than-expected EPS and sales figures, along with year-over-year growth, are likely to positively impact the stock price in the short term.
CONFIDENCE 90
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RELEVANCE 100