A Peek at Commerce Bancshares's Future Earnings

Commerce Bancshares CBSH is gearing up to announce its quarterly earnings on Thursday, 2024-10-17. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Commerce Bancshares will report an earnings per share (EPS) of $1.00.

The announcement from Commerce Bancshares is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Overview of Past Earnings

Last quarter the company beat EPS by $0.17, which was followed by a 0.44% drop in the share price the next day.

Here's a look at Commerce Bancshares's past performance and the resulting price change:

Tracking Commerce Bancshares's Stock Performance

Shares of Commerce Bancshares were trading at $61.11 as of October 15. Over the last 52-week period, shares are up 39.74%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Commerce Bancshares visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.