Canadian Imperial Bank's Earnings Outlook

Canadian Imperial Bank CM is gearing up to announce its quarterly earnings on Thursday, 2024-12-05. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Canadian Imperial Bank will report an earnings per share (EPS) of $1.28.

Investors in Canadian Imperial Bank are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings History Snapshot

The company's EPS beat by $0.12 in the last quarter, leading to a 1.62% increase in the share price on the following day.

Here's a look at Canadian Imperial Bank's past performance and the resulting price change:

Market Performance of Canadian Imperial Bank's Stock

Shares of Canadian Imperial Bank were trading at $63.47 as of December 02. Over the last 52-week period, shares are up 48.82%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Canadian Imperial Bank visit their earnings calendar on our site.

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