Canadian Imperial Bank Q3 Adj. EPS $1.41 Beats $1.29 Estimate, Sales $4.83B Beat $4.67B Estimate
Portfolio Pulse from Benzinga Newsdesk
Canadian Imperial Bank reported Q3 earnings per share of $1.41, surpassing the estimate of $1.29. The bank's sales also exceeded expectations, reaching $4.83 billion compared to the estimated $4.67 billion.
August 29, 2024 | 9:58 am
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Canadian Imperial Bank's Q3 earnings and sales exceeded analyst expectations, with EPS at $1.41 and sales at $4.83 billion.
The bank's better-than-expected earnings per share and sales figures are likely to positively influence its stock price in the short term, as they indicate strong financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100