Comerica (NYSE: CMA) is scheduled to reveal its financial results for the third quarter on Friday 18th October 2024. This disclosure will take place before market open, providing investors with significant information regarding the company's performance in the last three months period.
The latest projections from financial analysts on Wall Street suggest that the concern is likely to reveal an estimated $1.16 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $811.24 million for the period.
The company's earnings report for the same quarter in the previous year revealed a per-share income of $1.84, attributed to the company's total revenue of $896 million.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $3.27 billion for the full year. Moreover, they anticipate the earnings per share to reach profit of $4.82 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.53 | -23.9% | 824.00 M | -10.8% |
| Q1 2024 | $1.29 | -46.0% | 784.00 M | -20.8% |
| Q4 2023 | $1.46 | -43.4% | 782.00 M | -23.3% |
| Q3 2023 | $1.84 | -29.2% | 896.00 M | -9.0% |
| Q2 2023 | $2.01 | +4.7% | 924.00 M | +11.5% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 18th October 2024 at 08:00 AM eastern time, in a conference call with public.
Comerica (CMA) shares experienced a range of $62.23 to $63.02 on a day volume of 1.56 million shares. The stock closed Wednesday's regular trading session at $62.32, reflecting a 0.74 percent gain.